All Business rates articles
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News
Exclusive: Theo Paphitis hits out over business rates as footfall return lifts Ryman
Retail entrepreneur Theo Paphitis has criticised the government for a “disappointing” attitude to the industry’s importance as his business achieved improved profitability.
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News
Sector left ‘bitterly disappointed’ as calls for reform once again fall on deaf ears
Currys boss Alex Baldock has slammed today’s Budget as “bitterly disappointing”, as the retail sector’s ongoing calls for reform on issues like business rates fell on deaf ears.
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News
M&S boss criticises ‘economically illiterate’ business rates revaluation
Marks & Spencer boss Stuart Machin has criticised plans to raise business rates from the end of next month and lashed out at the government’s handling of the economy ahead of today’s Budget.
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News
BRC urges chancellor to set new business rates at lower inflation levels
BRC and four other trading bodies have written to the Chancellor ahead of the spring budget urging him to align business rates rise with April inflation rates – currently at 2%.
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Opinion
‘We need a government that offers business leaders a seat at the table’
Retail needs to see joined-up government thinking that understands you cannot increase costs from every angle all at once, says the BRC’s Helen Dickinson
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News
Exclusive: Business rates and tackling crime top BRC election wish list
The British Retail Consortium is calling on the UK’s political parties to ensure that business rates are made more sustainable and that retail crime becomes a standalone offence, as it gears up for the general election this year.
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Interview
Andy Higginson on speaking up for retail at the next election
As industry veteran Andy Higginson takes his seat as the new chair of trade body the BRC, he talks to Retail Week about his desire to make the voice of a great industry heard as loudly as possible in the corridors of power.
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Opinion
‘The retail industry was largely sold out by the chancellor’
While the dust has settled on the chancellor’s autumn statement, the frustration felt by many retailers has not, says BRC boss Helen Dickinson
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News
Business rates and wage hike could send inflation soaring, warns BRC
The British Retail Consortium has warned that inflation could rocket again next year, as retailers face soaring business rates bills and the rising national living wage.
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Analysis
Retail blasts autumn statement that ‘puts final nail in coffin for high street’
Despite chancellor Jeremy Hunt hailing the autumn statement as the “biggest business tax cut in modern British history,” the response from the retail sector has been uncharacteristically direct.
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News
Retailers call on chancellor to ease business rates in autumn statement
A coalition of retailers, hospitality and leisure businesses have written to Chancellor Jeremy Hunt, urging him to freeze the business rates multiplier and extend existing rate reliefs.
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News
Exclusive: BRC warns ‘no town or city centre safe’ from business rates rise
The British Retail Consortium has warned that “no town or city centre in England is safe” as retail giants brace for an increase in business rates as part of the autumn statement next week.
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News
Business rates to increase £1.7bn in 2024
Retail businesses will have to find an extra £1.7bn next year to pay for business rates, in line with September’s 6.7% rate of inflation.
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News
Retailers call on Jeremy Hunt to freeze business rates
A group of 44 retail leaders across the industry have written to the chancellor of the exchequer, Jeremy Hunt, to call for a freeze in business rates as part of his autumn statement.
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News
The Works posts profit fall but says strategy bearing fruit
Crafts, toys and books retailer The Works has posted a fall in full-year profits but said current trading is in line with expectations.
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News
BRC warns failure to act on business rates will add £400m ‘additional pressure’
The British Retail Consortium has welcomed falling inflation but warned the government risks adding £400m additional pressures on prices without business rates freeze.
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News
Lush paid managers £5m in bonuses after claiming £5m government support
Lush reportedly paid managers almost as much as it claimed in business rates relief in bonuses, despite recording a drop in profits.
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News
‘No comfort’ for retailers in ‘missed opportunity’ Budget
The Budget has been met with a largely tepid reaction from retailers and industry bodies, after the chancellor failed to address several important issues.
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Interview
Interview: Jollyes CEO Joe Wykes on expansion, competition and staff happiness
From new store openings to Christmas trading results, petcare retailer Jollyes is celebrating a year of record-breaking and chief executive Joe Wykes has no intention of taking his foot off the accelerator
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News
Government announces transitional relief scheme for business rates
The government has unveiled a transitional business rates relief scheme, a freeze on multipliers and increased support packages, but the next revaluation of rates will go ahead in April 2023.