Shop Prices Continue to Fall in October
Shop prices deflated at a slower pace of 0.4% in October compared to -0.6% in September, according to British...
business rates
Retail Sector Faces £137m Hike in Business Rates Due to Inflation
Inflation set to cause more business rate increases in 2020, with retail sector facing a £136.92m hike, according to...
Bailiffs Visit 310 Businesses Daily Over Unpaid Rates in England
Every day, councils in England send bailiffs to 310 companies over unpaid business rates, according to new data from...
Retail Giants Call for Business Rates Reform
Over fifty major retailers, including supermarkets, food-to-go, fashion, and department stores, have joined forces to urge new Chancellor Sajid...
Record Low Consumer Spending in July Amidst Brexit Uncertainty
UK consumer spending hit a record low in July despite favorable weather conditions, according to data from the British...
UK Retail Crisis: 16% of Shops Empty as Online Sales Surge
A staggering 16% of UK retail outlets sit empty, according to corporate restructuring advisor Duff and Phelps, with over...
Fastest Retail Sales Drop Since Financial Crisis, CBI Reports
In a recent study by CBI, retail sales volumes dropped at their fastest rate since 2009, with 58% of...
High Street Shops Decline: Over 20,000 Closed Since 2010
Over 20,000 shops have vanished from England and Wales since 2010, according to real estate advisor Altus Group. The...
New Law to Improve Business Rates Accuracy and Introduce UK Digital Services Tax
Starting today, businesses in England will see more frequent property value assessments for their bills under new legislation introduced...
Non-food Price Inflation Drives Shop Price Increase
Shop prices rose by 0.8% year-on-year in May, with non-food inflation increasing by 0.2%, according to BRC and Nielsen...