Tag: Government



BHS a Victim of Delayed Business Rates Revaluation says Colliers

BHS
Posted on 12 May, 2016 by Chris Grigorovsky under Business News, Economy

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

EU Exit Would Make UK ‘Permanently Poorer’ Warns George Osborne

Brexit
Posted on 18 April, 2016 by Chris Grigorovsky under Economy

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

Benefits for UK SMBs Selling to Foreign Governments

Word Cloud with Emerging Markets related tags
Posted on 29 March, 2016 by Steph Cowie under Business News

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

Dividend Tax Changes Could Impact Smaller Businesses

Dividend Tax Changes Could Impact Smaller Businesses
Posted on 7 March, 2016 by Steph Cowie under Business News

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

Record-Breaking £23 billion Income Forecast from Business Rates in 2017

Posted on 18 February, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

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

Colliers’ Backlash against Treasury’s ‘confrontational and costly’ Business Rates Appeals Plans

Colliers’ Backlash against Treasury’s ‘confrontational and costly’ Business Rates Appeals Plans
Posted on 4 February, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

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

Is Commercial Leasing the Answer to Increased Stamp Duty?

HM Revenue and Customs sign on a building.
Posted on 28 January, 2016 by admin under Economy, Industry News

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

Commercial Real Estate Worth Fifth of UK Net Wealth

Commercial Real Estate Worth Fifth of UK Net Wealth
Posted on 21 January, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

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

Solid Pace for UK Service Sector Growth in December

Posted on 6 January, 2016 by Chris Grigorovsky under Economy, Industry News

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

Government Failed to Combat Suffering UK Steel Industry

Industrial Worker at the factory welding closeup
Posted on 21 December, 2015 by Chris Grigorovsky under Business News, Economy, Industry News

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