Business Rates

EU rules could ‘thwart’ Hammond’s business rates promise

Hammond’s plan to help high streets through a near £1bn, two year business rates cut, is set to be thwarted…

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All Saints sees profits fall by over half

Clothing retailer All Saints has seen its profits fall by over half to £10.6m in the year to February 2018.…

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Gap between retail closures and openings continue to widen, says PwC

A combination of growth in online shopping, shift to in-home leisure, heightened restructuring activity and ongoing digitisation of services has…

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Digital-first retailers cannot overlook payments

Despite the retail industry being worth £366bn to the UK in 2017, the traditional high street has struggled this year.…

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600 jobs at risk as Crawshaws enters administration

Meat retailer Crawshaws has announced it has entered administration, putting 600 jobs at risk across its 42 stores. A Crawshaws…

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Autumn Budget 2018: Business rates cut for SMEs and new digital services tax

Chancellor Philip Hammond has confirmed plans to give smaller retailers a 33% cut to business rates and introduced a new…

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Chancellor to propose £900m rates relief plan for smaller retailers

Chancellor Philip Hammond is expected to announce a rates relief for retail SMEs and relax town planning rules on the…

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Retail sector ‘to face £186.45m business rates increase next April’

Retail firms will see business rates increase by £186.45 next April for the year 2019/20, according to real estate advisor…

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Consumer spending in September dips amid ‘summer hangover’

UK retail sales decreased by 0.2% on a like-for-like compared with September 2017, when it had increased 1.9% from the…

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3,200 stores ‘disappear’ from high street in four years

The number of physical shops in the UK has fallen by almost 3,200 over the past four years, down 1.2%…

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