All Policy & legal articles – Page 160
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NewsOctober shop price inflation jumps sharply as food prices rise
Shop price inflation jumped to 1.5% in October from 1% in September driven by the rise in food inflation as increases in commodity prices finally filtered through to the consumer.
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NewsOctober retail sales growth worst for almost a year
October delivered the worst retail sales growth for nearly a year, dampening the revival in trading recorded in September.
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NewsGovernment pressured over business rates revaluation
Retail and property leaders are today calling on the Government to reconsider its decision to revalue business rates two years later than planned.
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NewsTwo thirds of retailers warn stores and jobs will be hit if rates rise
Seventy per cent of retailers believe another business rates rise would stunt job creation and result in less investment in new stores.
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OpinionComment: Malcolm Walker on a tax that’s bad for business
Taxing corporate morale boosting events will not revive the economy.
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News
Business rates dubbed the 'retail poll tax'
The chair of the All Party Parliamentary Retail Group has dubbed business rates the “retail equivalent of the poll tax”.
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NewsRetail sales volumes up 'strongly' in October
Retailers reported a “strong” increase in sales volumes in October, the second consecutive month of growth.
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OpinionComment: We must ease the bumps in business rates to protect local shops
The Government in committed to seeing healthy high streets and a thriving retail sector in Britain.
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OpinionComment: The High Street: Who really cares?
This week the government have announced the formation of the Distressed Retail Property Taskforce (DRPT) to try and find ways of rejuvenating towns and cities – about time we say!
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NewsRates revaluation delay to be subject of Westminster Hall adjournment debate
Rochdale MP Simon Danczuk is to lead a Westminster Hall adjournment debate in Parliament today when he will attack the Government’s proposal to delay next year’s business rates revaluation.
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NewsTaskforce created to tackle ailing high streets
Senior representatives from retail, banking, property and local government have come together to create a new taskforce that has been set up following recommendations made in the Portas Review to revive high streets.
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News
UK economy emerges from recession
The UK economy emerged from recession in the three months from July to September, giving retailers a glimpse of hope that consumer sentiment is climbing.
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OpinionComment: Recession should drive overseas growth
From recession to secession is more than just a direct alphabetical sequence.
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OpinionComment: Postponement of rates revaluation piles more pain on retailers
For the second time in three days, the Government has put a rates-shaped hole in retailers’ hopes that the business climate might be getting that little bit easier.
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OpinionComment: Time to say enough is enough on rates burden
Retailers faced up to a grim reality this week. They now know the financial blow they will take as a consequence of the Government’s policy to link business rates to September’s RPI.
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NewsGovernment postpones business rates revaluation to 2017
The Government has been accused of delivering a “further blow to the country’s struggling high streets” by postponing the revaluation of business rates from 2015 to 2017.
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NewsRetail chains closed 20 stores a day in first half of 2012
Retail chains closed an average of 20 stores each day in the first half of 2012, accelerating the rate of high street closures as hard-hit retailers struggle to operate in the current economic climate.
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OpinionComment: Join our push for business rates freeze
There is nothing sexy about business rates. They don’t have much globe-trotting glamour and perhaps that is part of the problem.
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OpinionComment: There must be a fairer way of setting business rates for retailers
Given the current state of the market, some of Britain’s leading retailers have called on the government to freeze business rates next year – and can you blame them?
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OpinionBlog: Government should listen to retailers on business rates
Retailers’ fears have been realised as today’s inflation rise of 2.6% could lead to an extra burden of £175m in business rates costs.
