All Policy & legal articles – Page 150
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NewsSainsbury’s boss expects consumers to force change in tax system
Sainsbury’s chief executive Justin King has said that consumers will bring about change in the corporation tax system quicker than governments.
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NewsPaphitis puts his backing behind next week's Independents' Day
Retail entrepreneur Theo Paphitis has put his backing behind next week’s Independents’ Day, which encourages shoppers to buy from local shopkeepers.
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NewsDon't let horse meat overshadow retail's success, says BRC's Dickinson
British Retail Consortium director-general Helen Dickinson is set to commend retailers for their handling of the horse meat scandal today.
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NewsMary Portas demands a meeting with Cameron over ‘tepid’ high street response
Retail expert Mary Portas has demanded a meeting with Prime Minister David Cameron to challenge him on his commitment to saving the UK’s high streets.
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OpinionComment: The high street needs an independent review
The disconnect between shoppers and the high street requires an independent review, argues Bill Grimsey.
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NewsEtailers including Shop Direct and BrandAlley wade into online tax debate
Etailers including Littlewoods-owner Shop Direct and fashion group BrandAlley have waded into the online tax row, warning that it would hit job creation.
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OpinionBlog: Etailers should not be penalised for having cost-effective business models
Sofa.com’s letter to the Treasury earlier this week warned an online retail tax would “hit at the heart of the UK’s world-leading online retail industry”.
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AnalysisIn numbers: May's footfall rate across the UK
Footfall dipped in May after a 1% rise in April, according to the British Retail Consortium-Springboard Footfall Monitor. Retail Week looks at the figures in more detail.
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NewsOnline retail tax would stunt business growth, etailers warn
A tax for online retailers would be a “barrier to entrepreneurship” in the UK, the Treasury has been warned by the founders of online retailer Sofa.com.
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NewsFootfall down in May but out-of-town centres beat trend
Shopper footfall dipped during May and out-of-town locations performed better than high streets and shopping centres.
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OpinionComment: The past holds the key for rates appeal success
Business rates are back in the news again. Justin King, Chief Executive of Sainsbury’s, has added his voice to the chorus calling for changes in the way retailers are taxed.
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AnalysisAnalysis: Have the Portas Pilot towns succeeded?
It’s been just over a year since the first 12 Portas Pilot towns were named, but has the project worked? Matthew Valentine assesses its progress.
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NewsShop prices deflate for the first time in more than three years in May
Annual shop price inflation in May slipped 0.1% from a 0.4% increase in April, the first time it has deflated for more than three and a half years.
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NewsMay like-for-likes up 1.8% helped by strong furniture and flooring sales
May retail like-for-like sales jumped 1.8% year on year boosted by the improved weather and strong sales in furniture and flooring.
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Analysis
In numbers: The retail sector's contribution to the UK's public purse
Retailers have been hit by surging tax bills driven by increasing corporation and property taxes, according to the PwC survey of the Hundred Group of the UK’s largest businesses.
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NewsBusiness rates review urged following Hackett's controversial bill
Experts have urged Government to review the business rates system after accusing the system of favouring prestigious London stores including Hackett and shunning declining high streets.
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NewsEx-Woolworths and Ethel Austin staff win £5m compensation
Ex-Woolworths and Ethel Austin staff are set to share over £5m after winning a legal case against the Employment Appeal Tribunal.
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NewsStores call for tax ‘rethink’ in struggle against online retail
A working group has been set up to attempt to level the playing field between tax paid by online and store-based retailers.
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NewsGovernment shuns £10m computer which could transform business rates revaluations
A £10m computer which could prevent retailers from paying unfairly high business rates bills is sitting idle due to Government budget cuts.
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NewsMay retail sales fall at steepest rate in more than a year
May retail sales fell at their sharpest rate in more than a year but retailers remain positive forecasting sales growth next month.