All Business rates articles – Page 7
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News
Rishi Sunak appointed chancellor as Javid resigns
Chancellor of the Exchequer Sajid Javid has resigned and been replaced by the former chief secretary to the Treasury as part of today’s cabinet reshuffle.
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News
Retailers write to chancellor over £500m transitional relief loss
Chief executives from more than 50 retailers have written to the chancellor calling for action on business rates reform, after it emerged that over £500m has been lost in transitional relief since 2017.
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Opinion
Opinion: Time is now for Johnson and Javid to back retail on rates reform
If the message to prime minister Boris Johnson and chancellor Sajid Javid on business rates wasn’t already clear, it certainly is now.
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News
Institute of Directors and CBI call for business rates reform
Two of the UK’s leading business groups have called on Chancellor Sajid Javid to launch a “comprehensive review” of the business rates system as part of next month’s Budget.
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Analysis
Analysis: Will corporation tax save the high street? Don’t bank on it
Following reports that the Retail Sector Council (RSC) was preparing to recommend an increase in corporation tax to fund a cut in business rates, Retail Week discovers it’s far from a done deal.
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News
Raise corporation tax to save struggling high street, bosses urge
The Treasury should increase corporation tax to fund a business rates cut for high street retailers, a new government-commissioned report has said.
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News
Retail chief executive turnover reached seven-year high in 2019
The number of chief executives losing their jobs in the retail sector reached a seven-year high in 2019, according to a new report.
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News
BRC slams latest government proposals on business rates relief
The BRC has criticised the government for not doing enough to support the UK high street, after it proposed increasing retail business rates relief but not the threshold at which it would be available.
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Opinion
Opinion: If Flybe deserves a break, why doesn’t retail?
As it emerged that regional airline Flybe was in trouble, ministers scrambled into action to keep the business flying.
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News
Debenhams and HMV to close swathe of stores this month
Debenhams and HMV will both shutter stores this month as the retailers grapple with rising rents and business rates.
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News
Retail job losses reach highest level in more than two decades
Almost 150,000 retail jobs were lost in 2019 as the industry battled high costs and changing shopping habits.
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News
Queen’s speech brings business rates disappointment for big retailers
Plans revealed in today’s Queen’s speech to reform business rates have prompted disappointment because of their limited nature.
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Opinion
Leader: Retail’s star can’t only shine at Christmas
In a few days, the tumult of Christmas trading will be over. The short time before the January Sales kick off – in-store at least – brings a chance to reflect on the retail year gone by.
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Analysis
House of Fraser future hinges on rates reform, warns Ashley
Sports Direct founder and chief executive Mike Ashley has warned that the future of his vast retail group’s bricks-and-mortar portfolio is dependent on the “broken and unworkable” business rates system being overhauled.
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Analysis
Retailers praise ‘emphatic clarity’ as Conservatives secure election win
Retail bosses have praised today’s general election result, which saw the Conservative Party secure its largest majority since 1987.
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Opinion
Election 2019: Johnson’s government must now ease retailers’ burdens
So it’s all over, bar the shouting. The Conservative Party has won what is being described as a “historic” victory.
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Opinion
Election 2019: Whoever wins, there will be no Christmas bonus for retailers
Campaigning has been rather subdued this week and rightly so. Last Friday’s tragic events at London Bridge threw the yah-booery of politics as usual into sharp relief.
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Opinion
Election 2019: Do any of the manifestos offer real hope for retailers?
No sooner had my last column hit the presses than a full complement of manifestos were unveiled.
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News
Election: Business rates top agenda as party leaders address CBI
Boris Johnson and Jo Swinson unveiled plans to change business rates, while Jeremy Corbyn pledged to create 320,000 new apprenticeships in a year with changes to the current levy.
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News
Conservatives to unveil plans to cut business rates
Boris Johnson is set to unveil planned tax cuts that he will say are designed to help businesses “make the most of Brexit”.