Business Rates

Council investments in shopping centres to top £1bn

Local councils are set to spend £1bn on buying shopping centres by the end of 2020, in a bid to…

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H&M battles with landlords over rents

Fashion retailer H&M is battling with landlords over rent reductions, which could potentially see property owners bear the cost of…

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Retail sales ‘flatline’ as discounting and poor footfall ‘hit hard’

Retail sales “flatlined” in August according to the BRC-KPMG sales monitor, as summer discounting and “poor” footfall hitting in-store sales…

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Retail business rates could rise by £169m over the next 12 months

Retailers could see a £169m increase in business rates next year, prompting renewed calls for the government to overhaul the…

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Adapting to the new age of retail

Following the recent closures of large-scale retail chains such as William Hill, the question of the high street’s future is…

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Over 50 retailers sign letter demanding business rates fix

Over fifty major retailers have come together to demand the government takes action to fix the “broken” business rates system.…

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July consumer spending hits record low

UK consumer spending in the month of July fell to a record low despite the good weather, according to the…

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Retail employment falls 2.3%, 14th consecutive quarter of decline

Retail employment has fallen by 2.3% during the three-month period ending 30 June, marking the 14th consecutive month of decline.…

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Around 16% of UK shops lie empty according to FOI

Corporate restructuring advisor Duff and Phelps has revealed that close to 16% of all UK retail and shop outlets remain…

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The impact of Brexit on the UK retail market

It’s no secret that the UK retail sector is facing a serious crisis, with the demise of several vendors including…

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