All Business rates articles – Page 12
-
OpinionOpinion: Will CVA rent reductions cut retailers' business rates?
2018 was dubbed the year of the CVA, allowing firms battling the structural changes taking place across Britain’s embattled high streets to not only close unprofitable stores hit by increasing cost pressures but to also seek rent reductions, often between 20% and 75%.
-
NewsRetailers implore MPs to tackle business rates 'madness'
Retailers have called on the government to tackle the “madness” of the business rates system to stop it from “strangling our high streets”.
-
NewsTrouva partners with real estate firm to tackle business rates
Trouva has today unveiled a strategic partnership with real estate advisers Harper Dennis Hobbs to “tackle unfair business rates” for independent retailers.
-
NewsRetail Sector Council launches investigation into retail costs
The Retail Sector Council (RSC) has launched a new survey investigating costs burdening the industry such as business rates.
-
AnalysisCan the West End survive another business rates hike?
Eye-watering business rate rises have made trading in central London more costly than ever. With some retailers shutting up shop, can the West End survive?
-
NewsMPs call for online sales tax to save high street
A parliamentary inquiry has called for a new online sales tax to “level the playing field” and provide “meaningful relief” to high street retailers.
-
NewsWest End retailers braced for April business rates hike
John Lewis, Primark, Debenhams and Selfridges will suffer some of the sharpest increases in business rates on their flagship West End stores, new research has found.
-
NewsMPs launch inquiry into impact of business rates
The Treasury Committee has launched a fresh inquiry into the much-maligned business rates amid warnings that a further 100,000 shops will close this year.
-
AnalysisAnalysis: The 'new realities' facing retail in 2019
Next boss Lord Wolfson warned after the fashion bellwether’s Christmas trading update that retailers, landlords and local authorities must wake up to “the new reality” on the high street.
-
CartoonRetail cartoon: M&S's Rowe on Covent Garden rates hike
Patrick Blower’s take on the £500k rates hike faced by Marks & Spencer’s old Covent Garden store – prompting chief executive Steve Rowe to comment: “In the nicest possible way, we sell sandwiches”
-
NewsHMV collapse is ‘red flag’ on business rates, boss warns
HMV’s fall into administration throws into stark relief the urgent need for business rates reform, its boss has said.
-
NewsBusiness rates to be investigated by MPs
MPs will examine the controversial business rates system as the fate of embattled high streets continues to prompt concern.
-
OpinionOpinion: Don’t rely on Ashley to 'save' the high street
Get the popcorn ready for next Monday, when retail tycoon Mike Ashley will meet MPs to set out his thoughts – no doubt robustly – on how to rescue the troubled high street.
-
OpinionTheo Paphitis: How to stay relevant against the odds
When I was trying to buy Ryman and approaching private equity businesses and banks to raise the money, I was told it was a dog of a business – they were wrong.
-
NewsBusiness rates and online tax on Budget agenda
Chancellor Philip Hammond is expected to cut business rates by a third for about half a million small retailers in today’s Budget.
-
AnalysisData: Empty stores by parliamentary constituency
The business rates burden borne by retailers will increase by £180m, from next April. As high streets face further pressure, find out here how many stores lie empty in your area.
-
NewsGovernment hammers retail with £180m rate hike
Retail faces “yet another eye-watering rise in business rates” following the publication of September’s inflation figures.
-
OpinionOpinion: Follow Lewis' lead and pressure MPs on rates
Tesco chief executive Dave Lewis was on the nail when he called this week for radical change to the business rates regime, which is holding back the retail industry’s success.
-
NewsBusiness secretary Greg Clark hints at rates change
Business secretary Greg Clark has hinted that business rates could be set to change, in a move which would provide some relief to a stricken high street.
-
NewsLabour pledges action to revive embattled high streets
The Labour Party has unveiled proposals to reinvigorate high streets which have suffered as result of high business costs and the rise of online retail.