Recently the prime minister hinted that business rates reform may be on the way as the momentum for change gathers momentum. Last week Lambert Smith Hampton responded to this by publishing a set of proposals that it would like to see included in any future... Read More
In his Autumn Statement, the Chancellor extended business rates relief to small businesses and yesterday it was announced that businesses hit by the UK floods will be eligible for rates relief for a period of three months. While these moves are welcome, many... Read More
As consumer confidence continues to improve and real wages slowly begin to creep up, the retail industry has benefited from a surprisingly strong rise in profitability. However, while chains such as John Lewis and Home Retail Group’s subsidiaries Argos and... Read More
The Prime Minster yesterday hinted at radical changes to the business rate system. The Government has already announced a £1,000 discount, which will benefit 300,000 retail properties, along with a wide range of investments designed to boost high streets and... Read More
An Irish city has declared itself “open for business” by setting the lowest commercial rate in the country's history. The landmark 15.8 per cent reduction in commercial rates now makes Limerick the cheapest place in Ireland to own and manage retail... Read More
Demand for retail and leisure property is expected to soar in selective locations as the economic recovery gathers pace over the next 12 months. The forecast, from Jones Lang Lasalle (JSL), follows a year of more high profile high street casualties and... Read More
Environmentally aware landlords who attempt to reduce their property’s carbon footprint are continually penalised for their efforts. And changes due to come in over the next few years will only make this situation worse, warns North-East rating surveyor... Read More
DVD and games rental chain Blockbuster entered administration for the second time this year in October, with mass store closures across the country greatly affecting employees in the run up to Christmas. Unfortunately, this trend appears set to continue with... Read More
In recent months, the campaign to freeze business rates, or overhaul the system entirely, has been stepped up by retail and property bodies as Chancellor George Osborne prepares to release the details of his Autumn Statement. However, the BBC has... Read More
The debate over business rates is already a contentious issue with numerous bodies campaigning for a change to the system which would benefit small retailers in particular. According to many critics, the revaluation postponement has only has only added... Read More
