Debenhams’ CVA: £8.5m Loss for Local Authorities in Business Rates
Debenhams's Company Voluntary Arrangement (CVA) could cost up to 59 local authorities £8.5 million in lost revenue, as the...
business rates
UK Retail Sales Growth Slows Amid Easter Distortion and Online Shift
Despite a 4.1% increase in total retail sales compared to last year's 3.1% decrease, April's numbers were below expectations...
Debenhams Seeks 50% Business Rates Cut Amid CVA Proposal
Embattled department store Debenhams plans to ask 30 local authorities for a 50% reduction in its business rates bill...
Ann Summers Seeks Property Adviser Amid £3.3m Loss
Lingerie retailer Ann Summers is struggling after suffering a £3.3 million loss last year, blaming rising store costs and...
£500m Tax Relief for Small Businesses on England’s High Streets
England's small businesses on the high street are set to receive tax cuts worth half a billion pounds as...
Small Businesses Struggle with Delayed Rate Discounts and Tax Increase
Thousands of small businesses in England are still waiting for promised financial support from the government, despite being eligible...
UK Government Extends Digital Services Tax to Include Online Retailers
High streets minister, Jake Berry, promises to extend the Digital Services Tax to include a 2% tax on online...
Reviving High Streets: Reforming Taxes and Strategies for Survival
In a recent report, the housing, communities, and local government committee called for reforms in outdated policies and an...
UK Retail Sector Struggles: 18,722 Jobs Lost or At Risk Since Christmas Day
In a troubling turn of events, 18,722 retail workers have lost their jobs or face potential job loss since...
Treasury Committee Investigates Business Rates Impact on High Street Struggles
Today, the Treasury Committee launched an inquiry into business rates and their impact on high street businesses, as many...