Zahawi Proposes Tax Cuts to Aid Businesses Amid Rising Energy Costs
Chancellor Nadhim Zahawi is reportedly planning a multi-billion pound tax cut package to assist businesses facing rising energy costs....
business rates
Truss Discusses Expanding Business Rate Relief Amid Rising Costs
Liz Truss is reportedly discussing plans to cut business rates further, potentially extending relief to more premises facing rising...
Inflation Hits 40-Year High: Food Prices Soar Amid Rising Costs for Retailers and Consumers
Inflation hits a new 40-year high of 10.1% in July, according to the Office for National Statistics, with food...
Rishi Sunak Promises Business Rate Cuts if Elected PM
In a recent debate, Rishi Sunak vowed to cut business rates this autumn, emphasizing his support for small retailers....
Retailers Urge Next PM to Cut Business Rates Amid Inflation Surge
In an open letter to Rishi Sunak and Liz Truss, the Retail Jobs Alliance urges both candidates to cut...
Vacancy Rates Decline in Retail Locations for Third Consecutive Quarter
In the second quarter of 2022, the overall GB vacancy rate dropped to 14.0%, marking a 0.1 percentage point...
Iceland’s MD Urges Next PM to Reform Business Rates Amid Cost of Living Crisis
Iceland's managing director, Richard Walker, has called for a "root and branch" reform of the UK's outdated business rates...
Flawed Transitional Relief System Threatens £1bn Loss for Retailers, BRC Warns
Retailers warn that the flawed Transitional Relief system could cost the industry over £1bn between 2023-2026, forcing shops with...
Currys Reports Profit Increase but Warns of Uncertain Outlook
Currys reports a 19% increase in pre-tax profits to £186m, but warns about uncertain consumer spending outlook despite strong...
Retailers Divided Over Online Sales Tax Proposal
Asda warns that introducing an Online Sales Tax could harm retailers and shoppers already facing inflation, while John Lewis...