Business Rates

Early signs of footfall recovery ahead of festive trading, BRC finds

The retail sector experienced early signs of footfall recovery in November as total UK footfall decreased by 0.7% in November(YoY),…

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Chancellor cuts National Insurance to 10% alongside NLW rise

Chancellor Jeremy Hunt has announced a series of measures to help boost the UK economy as part of his Autumn…

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BRC welcomes government pledge to bring down inflation

The British Retail Consortium (BRC) has welcomed the government’s pledge to bring down inflation as outlined in the King’s Speech…

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Shop vacancies fall for third quarter in a row

In the second quarter of 2022, the overall GB vacancy rate decreased to 14.0%, which was 0.1 percentage points better…

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Cost of living crisis starts to impact sales, BRC finds

On a total basis, sales decreased by 1.0% in June, against an increase of 10.4% in June 2021, according to…

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Spring Statement: Chancellor raises NI threshold to £12,570

The chancellor has outlined a series of measures to help combat the rising cost of living in his latest spring…

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Retail sales monitor shows ‘cause for optimism’, Bira says

The British Independent Retailers Association (Bira) has said there is “cause for optimism” after the recent BRC-KPMG retail sales monitor…

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Footfall improves during October

October footfall saw a “noticeable improvement” to -13.4% lower than in 2019 compared with -17.4% in September, according to the…

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Chancellor unveils 50% rates discount for Retail, Hospitality and Leisure

Chancellor Rishi Sunak has unveiled a 50% discount on business rates for the hospitality, retail and leisure sectors (up to…

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Over 40 employee groups pen letter urging Sunak to cut business rates

The CBI, along with 41 trade associations spanning the UK economy, have issued a joint statement urging the chancellor Rishi…

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