Business Rates
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May- 2021 -18 MayClothing & Shoes
Shoe Zone reports £2.6m loss as revenues fall 40%
Shoe retailer Shoe Zone has reported a loss before tax of £2.6m for the six month period ending 3 April.…
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13 MayHigh Street
Retail sales up by 7.3% in April after reopening
Retail sales increased substantially between 4 April and 1 May 2021, around the time non-essential retail was allowed to reopen,…
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11 MaySupermarkets
Morrisons predicts stronger profits amid sales surge
Morrison’s has predicted that net debt for the year will be no higher than pre-pandemic levels and that profit before…
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Apr- 2021 -14 AprilSupermarkets
Tesco profits fall 20% despite rising sales
Tesco has reported that pre-tax profits plunged 19.7% to £825m in its latest full-year results, despite UK like-for-like sales increasing…
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8 AprilHigh Street
Co-op to repay £15m furlough relief as profits rise to £77m
The Co-op has revealed it will repay £15.5m of the Covid relief it received from the government’s furlough scheme but…
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6 AprilSupermarkets
Iceland MD calls for digital sales tax
The boss of Iceland is calling for a digital sales tax to support the British high street’s economic recovery post-lockdown.…
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Mar- 2021 -31 MarchGovernment
Retail leaders call for ‘Shop Out to Help Out’ scheme
The Save the Street campaign, supported by the British Fashion Council and retail expert Mary Portas, is calling for the…
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22 MarchEconomy
Sunak delays debate for online sales tax until autumn
Chancellor Rishi Sunak will reportedly wait until autumn before deciding whether or not to impose a UK online sales tax…
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22 MarchSupermarkets
Iceland spends £150m on deals despite pocketing £40m Covid relief
Iceland’s owners have taken and spent £150m from the supermarket chain since the beginning of the pandemic, despite refusing to…
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12 MarchFeatures
A look at what an online sales tax means for businesses
In last year’s Business Rates Review: Call for Evidence, Jesse Norman MP, financial secretary to the Treasury, said the government…
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