Business Rates

Is Labour’s five-point plan a starting point to revive high streets?

Can you tell me about yourself and your experience in the retail sector? I‘ve been working in retail for the…

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BRC calls for business rates freeze amid Labour’s high street rescue plan

The British Retail Consortium has responded to Labour’s five-point plan to revitalise high streets by calling for a permanent freeze…

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Retailers welcome budget but ‘missed opportunity’ for rates reform

Retail has welcomed the support for households in the face of the cost of living crisis in the chancellor’s Spring…

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Retail leaders criticise business rates reform

Retail bosses from M&S, Sainsbury’s and Currys have criticised the changes made to business rates, according to This is Money. …

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Mulberry shutters Bond Street store amid end of VAT-free shopping

Luxury fashion retailer Mulberry has shuttered its Bond Street store after it claimed that the end of VAT-free shopping for…

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Superdry lowers FY profit guidance to breakeven

Superdry has revealed it recorded an adjusted loss before tax of £13.6m for the 26-week period ending 29 October 2022,…

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Shop prices surge to record highs

Shop Price annual inflation accelerated to 6.6% in October, up from 5.7% in September, according to the latest BRC and…

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Retail sales plummet in November, CBI finds

Retailers saw their sales volumes plummet in the year to November, according to the CBI’s latest quarterly distributive trades survey,…

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Amazon tax bill to rise by £29m next year

Amazon’s business rates are reportedly set to rise by around £28.75m next year, as next year’s business rates are set…

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Retail reacts: Gov has taken ‘first step to longer term reform’

The retail industry has welcomed chancellor Jeremy Hunt’s Autumn budget announcement, with the BRC saying it shows “the government has…

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