Retailers — who claimed that business rates should be reduced in line with falling rental values — have lost a three-year fight to change Scottish valuation law. Sauchiehall Street, Glasgow The national and local businesses, who each lodged... Read More
Pressure is mounting on the Chancellor after the Telegraph yesterday added its voice to the growing chorus calling for a freeze in Business Rates. In making the call, the newspaper joins the British Retail Consortium (BRC), the British Chambers of... Read More
Although business confidence is soaring and customer demand is growing as a result of the upturn in the economy, many small businesses are still struggling financially thanks to rising business costs. In fact, a new survey has found that business costs are... Read More
Ministers have defended the government’s decision to delay the business rates revaluation in the face of growing criticism from the retail and commercial property sectors. Business Minister Michael Fallon told a parliamentary committee that there would have... Read More
Veteran retailer Bill Grimsey has repeated his call for a review of the business rates system in light of new figures which show the extent to which provincial commercial property values have fallen since the last revaluation. Stockport Town Hall Mr... Read More
This week’s announcement that the government is putting an extra £100 million on the table to speed up the growth of Enterprise Zones has been welcomed by business groups and local authorities. Eric Pickles MP The cash injection is intended to fund... Read More
Consensus emerging that system is no longer fit for purpose This week Labour leader Ed Miliband pledged to freeze business rates if his party is successful at the next election. While this has been cautiously welcomed by the business and commercial property... Read More
The government has today published guidance to help local authorities administer the new empty property rate relief for newly built commercial buildings which will be available from next month. The scheme, which the government estimates will benefit... Read More
In the wake of the controversy surrounding Mary Portas’ plans to revive the high street, a number of different suggestions have been put forward in order to taken the recovery of town centres up a notch. Retail groups including the British Retail Consortium... Read More
Although the news from the retail industry has become increasingly positive of late, industry experts still believe that not enough is being done to rescue the ailing high street. This is despite the fact that, across the course of the summer, the high street... Read More