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Almost 15,000 jobs axed by retailers so far in 2023, figures show

UK retailers have slashed almost 15,000 jobs since the start of 2023 after a raft of collapses and restructurings on the high street, according to new figures. Experts have warned that “the brutal start of the year” could continue as cost pressures ...

20 Feb 2023 at 00:01

City

Warning of £2.6bn business rates ‘cliff edge’ for retail and hospitality firms

Retail and hospitality firms could face a £2.66 billion a year rise in business rates in April, experts have warned. Shops, pubs and restaurants currently receive a 75% relief on their business rates bill, according to Government data, but that is ...

14 Oct 2024 at 11:53

City

Supermarkets and shops hit hardest by business rates shake-up – research

Changes to property taxes designed to “level the tax playing field” between high street and online retailers will hit shops including supermarkets and department stores hardest, according to new analysis. Research by global tax services firm Ryan ...

08 Sept 2025 at 00:01

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