Struggling high street retailer BHS was on the cusp of receiving millions of pounds of business rates cuts, which would have resulted in a saving of over £15m if the revaluation went ahead in 2015, according to Colliers International. Currently,... Read More
Chancellor George Osborne has stated that the EU exit will cause severe damage to the UK economy and make it ‘permanently poorer’. Analysis by the Treasury shows that by 2030, UK national income could be 6% smaller, which equates to £4,300 a year... Read More
In a recent report by the Confederation of British Industry (CBI), it predicts significant growth in overseas government procurement, which small businesses in the UK could benefit from. The research foresees the value of overseas government... Read More
From April 2016, the Government is introducing big changes to the way dividends are taxed, which may impact smaller businesses across the UK. At present, dividends are treated as ‘tax paid’ in the hands of shareholders. The government plans to... Read More
Business rates continue to be the focus of debate in commercial property, as Councils across England have forecast 2017’s income to reach a record-breaking £23.5 billion, despite many small businesses paying no rates at all. The near £400 million... Read More
In an official letter to the Treasury, the Government’s reforming plans of business rates’ appeals have been criticised by Colliers International for the more confrontational, litigious and costly system it will create. It’s believed the... Read More
New changes to the Stamp Duty Land Tax (SDLT) are making some investors explore whether commercial property investment is becoming a viable alternative to residential buy to let. According to the Office for National Statistics, residential property... Read More
A recent report commissioned by the British Property Federation (BPF) has revealed that commercial real estate is worth £1,662bn and represents 20.6% of the total net wealth in the UK. In 2014, commercial real estate contributed £94.2bn to the UK's... Read More
In the month of December, the UK service sector saw a solid pace of stablisation, with activity rising to a strong overall rate, according to the latest PMI survey data from Markit and CIPS. The strong rise of activity was supported by a sharp... Read More
A committee of MPs has said that the government took "Little action" and were not alert enough regarding the impact of collapsing steel prices, as well as failing to push for EU action on Chinese imports, according to an article on the BBC. There have... Read More
