Business Rates

Tesco sales soar as online business booms

Tesco saw sales surge in the first quarter of trading, with like-for-like sales up 8.2% despite the pandemic and nationwide…

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New Look enters talks with landlords seeking turnover-based rent

High street retailer New Look has reportedly entered talks with its landlords about switching to a turnover-based rent system. According…

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Co-op expands robot service in Milton Keynes

The Co-operative has expanded its same-day autonomous robot deliveries in the UK across Milton Keynes and surrounding towns and villages…

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28 Oddbins stores saved from administration by unnamed buyer

Off-license retail chain Oddbins has seen 28 of its stores saved from administration by an unnamed buyer. It comes as…

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Retailers set to receive £430m worth of tax rebates

The Supreme Court has handed the embattled retail sector a £430m tax lifeline by upholding an earlier decision that cash…

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Johnsons Shoes Company enters administration

Johnsons Shoes Company, which operates 12 stores under the brands Johnsons Shoes and Bowleys Fine Shoes, has entered administration due…

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Trouble ahead for retail vacancy rates, warns BRC

The British Retail Consortium (BRC) and Local Data Company has said the new BRC-LDC Vacancy Monitor has revealed that the…

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Business rates revaluation postponed until 2022

A revaluation of business rates will no longer take place in 2021 in line with the government’s latest efforts to…

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Government announces new £617m scheme for SMEs in shared office spaces

The Business Rates loophole which meant small businesses in shared office space missed out on a £10,000 cash grant has…

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Sainsbury’s to face £500m profit hit

Sainsbury’s has warned that its annual profits could take a £500m hit as a result of the ongoing pandemic, despite…

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