Treasury Committee Calls for Business Rates Reform to Support High Street Retailers
A Treasury committee urges the government to fix the "broken" business rates system, which negatively impacts high street retailers....
high street retailers
Mike Ashley Expands Retail Empire with Sofa.com Acquisition
In a recent acquisition, Sports Direct owner Mike Ashley adds Sofa.com to his growing portfolio of high street retailers...
Hotel Chocolat Reports 15% Festive Sales Growth Amid High Street Struggles
In a time when many high street retailers struggle, Hotel Chocolat reports a 15% revenue increase year-on-year for the...
Welsh Government Aids High Street Retailers with £23.6m Investment
Welsh Government to give £2,500 to each retailer in business rate cuts; Finance Secretary Mark Drakeford announces a £23.6m...
Mike Ashley Calls for Online Business Tax to Save High Street Retailers
Sports Direct owner Mike Ashley urged MPs at the House of Commons yesterday to tax online businesses 20% in...
West End Retailers Seek £5bn Business Rate Reduction, Propose Online Sales Tax
In London's West End, retailers are calling for a £5 billion reduction in business rates, financed by a 1%...
Government Considering Business Rate Changes to Aid High Street Retailers
Secretary of State for Business, Greg Clark, acknowledges that high street retailers may need changes in business rates to...
UK Treasury Rejects Business Rates Reform for High Street Retailers
UK Treasury rejects calls for business rates reform to level playing field with online retailers, prioritizing international corporation tax...
Bonmarché Defies Challenging Market with £8m Profits
In the face of tough market conditions, women's clothing retailer Bonmarché has seen a 38% increase in profit before...
Decline in Department Stores: Impact of Online Shopping and High Debt Burdens
In just under a decade, large department stores in England have seen a 25% decline, according to Lendy's research....