All Business rates articles – Page 8
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NewsDebenhams gears up for business rates battle to decide its future
Department store chain Debenhams is gearing up for a battle over a proposed business rates hike on one of its stores that it says could decide the future of the whole group.
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NewsBusiness rates holiday extension vital to prevent mass exodus from West End
An extension beyond next April of the existing business rates holiday or a reduction of rates by at least half is the only thing that will stop hundreds of retailers deciding to quit the West End in September, according to the New West End Company (NWEC).
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NewsFrasers Group hits out at business rates revaluation delay
Mike Ashley’s Frasers Group has hit out at the government, saying it looks on with “anguish and bewilderment” at its decision to delay the next business rates revaluation until 2023.
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Opinion‘Retail can ill afford another business rates review that fizzles out’
As night follows day, the beginning of another financial year also brings another government review into business rates reform. However, with the sector reeling from the coronavirus, this latest call for evidence gives reasons for optimism.
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NewsGovernment opens call for evidence on business rates reform
The government has launched a call for evidence on possible future reform of the existing business rates system.
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OpinionOpinion: Time for a reset of retail rent and rates
In 2015 I closed the last of my stores due to spiralling property costs. There’s not a day since that I haven’t missed them.
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NewsTesco, Sainsbury's and Co-op win ATM business rates legal dispute
A number of supermarkets including Tesco, Sainsbury’s and the Co-op have won a legal ruling on whether they should be liable for business rates on cash machines located on their premises.
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NewsSainsbury’s boss Coupe takes parting shot at Amazon on business rates
Sainsbury’s boss Mike Coupe has defended the grocer’s decision to accept business rates relief from the government – and said it will still face a higher bill than Amazon this year.
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NewsDebenhams warns business rates change could spark Welsh shop closures
Debenhams may have to shut branches in Wales unless the government changes its stance on business rates.
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AnalysisThe Big Question: Should grocers pass up coronavirus rates relief?
Shoppers rushed to food stores to stock up as the coronavirus outbreak took hold, prompting some to call on the grocery giants to forego emergency business rates relief as sales climbed. Retail Week asks industry experts for their views.
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OpinionOpinion: Forget dividends and rates – grocers are heroes, not villains
How quickly judgements can be questioned in the court of public opinion.
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OpinionThe Secret Retailer: We are hurtling towards unimaginable social and economic crisis
In the latest in our series of columns from a ‘secret retailer’, one chief executive warns chancellor Rishi Sunak of the stark reality their business faces without access to one of the government’s coronavirus support loans.
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OpinionOpinion: Coronavirus – government must give retailers respect they deserve
I’ve been a huge fan of apocalyptic films and TV shows since I was a teenager. With Covid-19 we seem to have come the closest to life imitating fiction with just as many twists in the tale.
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NewsChancellor suspends business rates for 12 months for ‘economic fight’
The chancellor has announced 12-month business rates holidays for all retailers and pubs as part of a sweeping set of measures designed to support business in the face of the coronavirus outbreak.
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NewsCoronavirus: Retailers call for rates relief as store closure fears grow
Retailers are banding together to call on the government for exemption from business rates if shops are forced to close because of the coronavirus outbreak, and have renewed demands for far-reaching reform.
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OpinionThe Secret Retailer: Boris, we face fight for survival without your help
In the first of our columns from a ‘secret retailer’, one chief executive with stores nationwide calls on the government to up its game on coronavirus – and warns businesses will go bust if it doesn’t.
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NewsPrimark owner calls for rates reform as coronavirus outbreak hits trade
Primark parent company ABF’s finance director John Bason has urged the government to address business rates reform as the retail industry battles the impact of the coronavirus outbreak.
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AnalysisBudget: Coronavirus dominates as chancellor breaks out cheque book
In a challenging economic climate dominated by uncertainty over coronavirus, the new chancellor took action to protect business – but business rates reforms have been delayed. Retail Economics chief executive Richard Lim examines the detail.
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NewsBudget: ‘Fundamental’ review of business rates to be completed by autumn
New chancellor Rishi Sunak has confirmed the government’s “fundamental review” of business rates will be completed in time for the autumn statement.
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NewsInterest rates slashed in emergency move ahead of budget
The Bank of England has this morning announced an emergency cut in interest rates in a bid to shore up the faltering economy hit by the gathering coronavirus outbreak.