Business Rates

Retail sales up 1.9% in January 2022

Retail sales volumes rose by 1.9% in January 2022 following a fall of 4.0% in December 2021, according to the…

Read More »

Store vacancy rate improves for first time since 2018

New research has found the number of vacant stores has decreased for the first time since 2018, according to the…

Read More »

WH Smith shareholders rebel over CEO bonus

WH Smith has seen its shareholders rebel over its plans to pay its chief executive Carl Cowling a £550,000 bonus,…

Read More »

Sunak unveils £1bn support package for Omicron-hit businesses

Chancellor Rishi Sunak has announced a further £1bn support package for businesses impacted by the new Omicron variant. As part…

Read More »

House of Fraser to close its Oxford Street store

Mike Ashley’s Frasers Group has confirmed that its flagship store on London’s Oxford Street is to close permanently. The retailer…

Read More »

Footfall improves during October

October footfall saw a “noticeable improvement” to -13.4% lower than in 2019 compared with -17.4% in September, according to the…

Read More »

Chancellor unveils 50% rates discount for Retail, Hospitality and Leisure

Chancellor Rishi Sunak has unveiled a 50% discount on business rates for the hospitality, retail and leisure sectors (up to…

Read More »

BPF calls for intervention to bring forward £8.5bn high street boost

The British Property Federation (BPF) has called for “immediate intervention” to bring forward an £8.5bn boost for UK high streets…

Read More »

Over 40 employee groups pen letter urging Sunak to cut business rates

The CBI, along with 41 trade associations spanning the UK economy, have issued a joint statement urging the chancellor Rishi…

Read More »

Mid-market retailers set to continue investments, RSM say

The shift in focus to online in the mid-market retail sector is set to continue, with the majority of retailers…

Read More »