BRC Criticizes Chancellor for Ignoring Retailers’ Needs, CBI Praises Full Expensing
In his Autumn Statement yesterday, the chancellor faced criticism from the British Retail Consortium for freezing the business rates...
business rates
Major Retailers Call for Business Rates Freeze Amid Fears of Food Inflation and Job Losses
Supermarket giants like Sainsbury's, M&S, and Currys are urging the chancellor to freeze business rates for all retail businesses...
BRC Welcomes Inflation Pledge, Criticizes Omission of Retail Crime Legislation
In the King's Speech yesterday, the government pledged to tackle inflation and support job creation through new investments. However,...
Retail Sales Decline in September Amidst Rising Costs and Unseasonable Weather
In a recent report by the ONS, UK retail sales fell 0.9% in September 2023 after rising 0.4% in...
UK Footfall Declines 2.9% in September, BRC Reports
UK footfall dropped 2.9% in September compared to last year, according to BRC data, with high streets and retail...
Oxford Street American Candy Store Crackdown Reduces Store Numbers
In a crackdown by Westminster City Council, the number of American candy stores on Oxford Street has dropped from...
BPF Urges Extended Empty Rates Relief for Struggling Retail Properties
In a bid to support struggling businesses, the British Property Federation urges the government to extend the business rates...
John Lewis Boss Calls for Royal Commission Review of Town Centres Amid Looting Fears
John Lewis boss Dame Sharon White warns that high streets could become "looting grounds" for criminals if no action...
Ann Summers Reports Growth Amidst Challenges, Plans Expansion
Ann Summers reports a 7.4% increase in turnover to £100.1 million for the year ended June 25, 2022, with...
The Works Reports 5.8% Revenue Growth in FY23 Amid Challenging Market Conditions
In the face of challenging circumstances, The Works' revenues soared 5.8% to £280.1m in the year ended April 2023,...