rates

Bira welcomes the Government’s decision to increase discount rates for small retailers

The British Independent Retailers Association (Bira) has welcomed the Treasury’s decision to increase discount rates for small retailers from one-third to 50 per cent. Bira, which represents the thousands of retail businesses across the UK, says the move will save its members on average £12,000 per year. The victory follows Bira’s three-year campaign to review

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Retail news round-up: £1.5bn freed up for retail survivors; rates appeals and gloomy bosses

Research analyst, GlobalData, has found that £1.5bn has been freed up for retail survivors in 2018, as the UK non-food retail sector becomes reliant on the demise of weaker operators to maintain growth for the survivors. The company estimates at least £1.5bn will be released by failing retail businesses in 2018 with just three of

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Retail Reflections: Businesses don’t rate appeals’ system; we’re closed – it’s raining!

Alan Monahan writes: I suspect that to nobody’s great surprise businesses remain totally let down by CCA, the new Business Rates Appeals System. I’ve touched on this before, but now rating experts at Colliers International, the commercial property people, have solid evidence that it is clearly not working and is causing distress to retailers In

Retail Reflections: Businesses don’t rate appeals’ system; we’re closed – it’s raining! Read More »

Will concerns over business rates finally be heard?

The revelation this weekend that the conservative party put aside concerns about the impact of business rates rises on the high street has prompted renewed calls for a fair deal for British retailers.   The Sunday Telegraph reported on February 19 that The Department for Communities and Local Government noted retailers were being “completely clobbered”

Will concerns over business rates finally be heard? Read More »

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