Philip Hammond

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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New West End Company issues ‘stark’ warning to government over tax-free shopping

The New West End Company (NWEC) has issued a “stark” warning to the government over tax-free shopping in a joint…

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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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Business rates could be changed to help retailers, says Greg Clark

Secretary of state for business Greg Clark has admitted that business rates could be changed in order to help high…

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UK Treasury rejects retailers’ business rates reform calls

The UK Treasury has today rejected calls from retailers who say business rates should be reformed to create a level…

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Estate agents join high street casualties as insolvencies rise

Around 153 estate agents have gone insolvent in the last year, up from 148 the year before, according to a…

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Amazon to create 2,500 UK jobs

Online retail giant Amazon has announced that it will create 2,500 permanent jobs in the UK in 2018, taking the…

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Inflation drops for the first time in 6 months

The inflation rate saw a slight dip in December, falling to 3%, according to figures released by the Office of…

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Online retail growth lower than average in pre-Black Friday lull

Despite showing a year-on-year growth of 12.6%, online retail sales figures in October were lower than average suggesting a pre-Black…

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