Business Rates

85,000 retail jobs lost in the last year

Third-quarter retail employment fell by 2.8% year-on-year, the equivalent of around 85,000 jobs, marking the 15th consecutive quarter of decline…

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UK retailers store profit margins halved since 2011, study finds

A new report by global professional services firm Alvarez and Marsal, in partnership with Retail Economics, has shown that store-based…

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Bonmarché enters administration putting 2,900 jobs at risk

Womenswear retailer Bonmarché has entered administration, resulting in around 2,900 jobs being placed at risk including 200 at its head…

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Retail sector could face £137m rates hike next year

September’s headline rate of inflation is set to cause more business rates increases in 2020, according to calculations from real…

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BRC ‘disappointed’ with business rates relief in Queen’s speech

The British Retail Consortium has responded to the Queen’s speech, praising its approach to crime and sustainability but was “surprised…

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5G will transform the retail experience

We’ve all heard about the rollout of the 5G mobile network and what it will mean for us as consumers,…

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Shop prices fall by 0.6%, fastest rate since May 2018

Shop prices in September have fallen at the fastest since May 2018, according to the latest figures from the BRC-Nielsen…

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From clicks-to-bricks

2019 continues to be an extremely turbulent time for the retail sector. Barely a week goes by when we don’t…

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FRC to investigate Thomas Cook auditor following collapse

The Financial Reporting Council (FRC) has announced it will be investigating Thomas Cook’s auditor EY, following its collapse last week…

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Bailiffs visit 310 premises a day over business rates, study finds

Councils across England are sending bailiffs to 310 companies a day over business rates arrears, new figures show. The investigation…

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