A coalition of retailers is pressing Chancellor Rachel Reeves to act on business rates reform, highlighting a looming financial burden for small businesses. Insights from Altus…
Browsing: business rates
In September 2024, UK retail sales experienced a notable boost driven primarily by clothing and footwear despite a backdrop of economic challenges.Retail sales in the UK…
The Big Six supermarkets in the UK are urging the government to cut business rates as part of a broader call for economic fairness and growth.In…
A coalition of over 70 retail CEOs is advocating for the creation of a Retail Rates Corrector.The proposed correction seeks a 20% reduction in business rates…
For the first time in over a year, retail footfall has increased, marking a notable shift in consumer behavior driven by the back-to-school season and favorable…
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…
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…