All Business rates articles – Page 5
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News
High street footfall falls by 1.9% amid ‘increasing consumer caution’
High street footfall declined by 1.9% year-on-year in the four weeks to 24 August 2019, following a 2% decline in August last year, according to new data.
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Link urged to scrap fee cut and secure Scottish access to cash
Link must cancel the next planned cut in interchange fees for cash machine operators, in a bid to secure long-term access to cash, the Scottish Affairs Committee’s new report on Access to Financial Services says.
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Trade bodies urge MPs to publish business rates inquiry
The Association of Convenience Stores has joined leading business organisations in calling for MPs on the Treasury Select Committee to publish the final report of their business rates inquiry before the Autumn Budget.
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Convenience retailers demand government business rates reform
The chief executives of Costcutter, Spar and the Co-op Group have joined forces with grocery multiples to demand the government reform the “broken business rates system.”
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Worst July for UK retail sales on record, BRC-KPMG data reveals
Total UK retail sales increased by 0.3% last month, marking the lowest rate for the month of July since records began in 1995, according to new data.
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News
Specialist food shops top list of most-wanted local services, ACS reveals
UK consumers have identified specialist food shops and banks as the most-wanted services in their local area, highlighting opportunities for convenience stores to meet such demand, according to new research by the Association of Convenience Stores (ACS).
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ACS calls for retail policy changes in letter to Boris Johnson
The Association of Convenience Stores (ACS) has called on new Prime Minister Boris Johnson to take immediate action to support the convenience sector.
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News
High street footfall declines -4.5% in June, data reveals
High street footfall declined by -4.5% year on year in the five weeks to 29 June 2019, in contrast to a 0.1% increase in June last year, according to new data.
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Tory leadership candidates outline high street policies
The two remaining Conservative leadership candidates, Boris Johnson and Jeremy Hunt, have put the spotlight on high street policy, with business rates at the forefront.
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News
Ministers confirm more frequent business rates revaluations
Business rate revaluations will increase to every three years from the current five years, with the next revaluation brought forward a year to 2021, under new legislation introduced this week.
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News
UK footfall drops to six-year low, new figures reveal
The UK has experienced the worst footfall figures in six years last month, with high street footfall falling by -4.8% in the four weeks to 25 May 2018, according to new data.
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Welsh Assembly Members call for business rates reform
A cross-party group of Welsh Assembly Members have called on the government to focus on reforming the business rates system to encourage retailers to invest in their businesses.
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News
Government to challenge ruling to scrap external ATM rates bills
The government has received Supreme Court approval to appeal a £300m court ruling that retailers should no longer have to pay additional business rates for cash machines outside their stores.
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News
Consumers should be charged 1p self-checkout tax, say MPs
Consumers should be charged a 1p tax to use self-checkout machines in stores in order to help reduce generational divisions, a group of MPs has said.
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News
Town centre vacancy rates hit four-year high in April
Town centre vacancy rates in the UK increased to a four-year high of 10.2% in April, according to new figures.
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Government dismisses MPs' calls for business rates alternatives
The government has dismissed MPs’ recommendations to consider alternative revenue sources to business rates, such as an online sales tax, claiming the burden of rates does not fall unfairly on retailers.
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News
Scotmid announces 11% rise in annual trading profit
Scotmid Co-operative has announced an 11% increase in trading profit to £5.3m for the year ending 28 January, driven by strong sales in its food business.
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News
Food sales strengthen in March, says ONS
Food store sales increased by 0.7% in value in March 2019 compared with the previous month, as total retail sales increased by 1.2% in value, according to official new data.
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Dear Jac
A poor rating
Quite a few retailers have had ongoing issues with Cardtronics over their ATMs being charged business rates, but this one was different.
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News
Food sales decline at fastest rate since December 2016
The quantity of sales in food stores in February dropped by -1.5%, the strongest decline since December 2016, according to official new data.