The British Retail Consortium (BRC) is advocating for a substantial change in how retail business rates are levied, unveiling new research in its recent Budget submission.The…
Browsing: business rates
The retail sector’s tax burden emerges as a key issue, highlighting significant disparities.New findings indicate that retailers pay 7.4% of all business taxes, which is disproportionate…
UK shop customer numbers held steady in August despite earlier unrest, BRC reports.Footfall data showed a slight decrease of 0.4% year-on-year.Northern Ireland and Scotland witnessed an…
Annual inflation rate increased to 2.2% in July 2024, surpassing the Bank of England’s target.The rise was driven by the slower decline in gas and electricity…
Andrew Goodacre of BIRA calls on Labour to address economic growth and consumer confidence post-election.Labour’s election victory presents an opportunity to re-evaluate the business rates system…
The British Retail Consortium emphasizes the urgent need for planning and business rates reform as a solution to declining footfall across the UK.In June, UK footfall…
Labour’s triumph marks a pivotal shift in British politics, concluding 14 years of Conservative governance.The party, led by Keir Starmer, achieved a commanding majority with over…
In the lead-up to the 2024 UK general election, all major parties have unveiled manifestos impacting the retail industry.The Liberal Democrats propose abolishing business rates, replacing…
The Labour Party has unveiled its latest manifesto aimed at reforming the fashion retail landscape ahead of the general election on July 4. In an effort…
The Conservative Party has published their plan ahead of the UK’s general election on 4 July.Financial security and economic growth are central themes in the manifesto.Increased…