The issue of business rates remains one of the most contentious within the British economy, with retailers in particular calling for the Government to address problems within the current system as a matter of urgency. Although steps such as capping the... Read More
The issue of business rates remains one of the most contentious in the retail industry, with claims that the commercial property levy was a key reason for soaring shop vacancy rates during the recession. However, under a new proposal by Derby City Council,... Read More
A West Midlands council has launched a campaign to attract businesses to one of its prestige developments by offering a series of business rates incentives. It’s hoped that as many as 1,600 jobs could be created at The Waterfront in Brierley by... Read More
The plight of beleaguered shop keepers has been raised in Parliament by an MP who claims that one-in-ten retailers in her North-East constituency pay more in business rates than they do in rent. Speaking during an adjournment debate with high street... Read More
Despite the current business rates system being declared “unfit for purpose” the Government has decided to reject the latest calls for reform by MPs on the Business Select Committee. The body had recommended that the Government scrap the unpopular... Read More
The Charity Commission has opened an inquiry into a housing trust’s use of commercial premises which may be liable for business rates. The Augustine Housing Trust — which describes itself as a “storage charity” — is already under... Read More
The issue of business rates has been one of the most controversial topics within the commercial property market for the past several years with retailers, in particular, arguing that the rising cost of non-domestic rates has been one of the key reasons for... Read More
The boom in business growth currently gripping the UK is certainly good news for the economy, but growth limitations for businesses are preventing many from achieving their full potential as the recovery takes hold. One of the key issues, of course, is the... Read More
Small businesses in Bolton — including shops, restaurants and public houses — are to have their business rates cut by £1,000 as part of a council bid to boost the town’s economy. The Government-backed initiative will apply to all premises with a... Read More
The issue of business rates has proven controversial in recent months, with bodies such as the British Retail Consortium (BRC) repeatedly pushing for the government to find a solution which works best for small businesses. However, while the government has... Read More
