Business Rates

Retailers refrain from price rises in March

Retailers did not resort to price rises throughout March, according to the latest BRC-NIQ Shop Price Index, despite rising cost…

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BRC warns of ‘spending squeeze’ in January

The British Retail Consortium has warned of a January spending squeeze, as BRC-Opinium data between 10 and 13 December showed…

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UK economy stagnates in three months to September

UK gross domestic product (GDP) is estimated to have stagnated during the third quarter of the year as uncertainty ahead…

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Budget: Increases to employers’ NI and minimum wage

The Chancellor Rachel Reeves has increased Employers’ National Insurance contributions in a bid to help raise as much as £40bn…

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Retail industry is overtaxed, says BRC

The British Retail Consortium (BRC) has claimed that the retail industry is overtaxed compared with other sectors of the economy…

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Retail sales jump 0.5% in July

UK Total retail sales increased by 0.5% year on year in July, against a growth of 1.5% in July 2023,…

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Taylor Swift and Euros boost footfall amid damp June

Taylor Swift’s UK tour and the Euros helped strengthen footfall during a very wet June as total UK footfall decreased…

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Labour vows to overhaul business rates system

The Labour party has vowed to overhaul the current business rates system should it be victorious in the general election.…

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Chancellor cuts NI by a further 2p as part of Spring Budget

Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance falling from 10% to 8% from 6 April,…

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Shop price inflation flatlines in December

The annual shop price rise was slower than the three-month average rate of 4.6% at 4.3%, the lowest since June…

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