Business Rates

Retailers plan increased store space despite business rates challenge

Mid-market retailers are set to invest in more physical stores over the next two years in a bid to increase…

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Fenwick losses widen to £112m

Department store chain, Fenwick, has revealed its losses have widened to £112m for the 52-week period ending 29 January 2021.…

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Four in five shops to shut without business rates reform, says BRC

Some 83% of retailers would reportedly be forced to close shops without the introduction of a business rates reform as…

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Superdry sees its losses narrow to £36m

Superdry CEO Julian Dunkerton has hailed that the company is “turning the corner” after it revealed statutory losses before tax…

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John Lewis Partnership reduces H1 losses to £29m

The John Lewis Partnership has reduced its losses in the first six-months of the year ending 31 July to £29m…

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SRC recommends budget proposals to support retail recovery

The Scottish Retail Consortium (SRC) has published a number of recommendations for the 2022-2023 Scottish Government’s budget to support a…

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August footfall still 18% below pre-pandemic levels, says BRC

Total UK footfall four the four week period ended 28 August 2021 remained 18% below its pre-pandemic August 2019 level.…

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BPF calls for business rates reform

The British Property Federation (BPF) has called on the government to set out a roadmap to annually revalue business rates…

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UK economy surges 4.8% in June

The UK economy grew by 4.8% in June as Covid-19 restrictions surrounding retail and leisure were eased across the UK,…

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July sales increase 6.4% but remain below yearly average

On a total basis, sales increased by 6.4% in July, against a growth of 3.2% in July 2020, according to…

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