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City

High street retailers pay 755% more in rates than online rivals – research

Experts have said traditional retailers now pay 755% more in business rates than digital competitors as a war of words intensifies over a potential new online sales tax. On Friday, the Government closed a consultation into the possible introduction ...

23 May 2022 at 01:01

News

More than 400 pubs vanish in England and Wales in 2021

More than 400 pubs have disappeared from communities in England and Wales as the number calling last orders flatlined despite the toll of the pandemic. New analysis has revealed the number of pubs across England and Wales in 2021 was largely ...

23 Dec 2021 at 01:33

Small businesses call for help amid soaring bills

Small businesses are now looking to next week’s expected mini budget for help with soaring bills despite the slight easing in inflation. Some firms said on Wednesday that their energy bills had more than doubled in the past three months ...

14 Sept 2022 at 10:41

City

Almost 400 pubs close in England and Wales in 2022

More than 32 pubs disappeared from communities in England and Wales each month in 2022 as rocketing energy bills and staffing pressures forced businesses to shut for the final time. New analysis of official government data by real ...

24 Dec 2022 at 00:01

City

Airports set for bumper business rates amid £1.4bn tax rise

Airports, power stations and business headquarters are set to be hit hardest by property tax changes when new valuations come into force next week, according to research. Revenues from business rates – the property tax on ...

26 Mar 2023 at 23:01

City

UK music venues ‘must and will close’ if tax relief expires, charity says

Britain’s smaller music venues will collapse if a business tax relief measure is taken away next year, a charity representing the sector has warned the Chancellor. The Music Venue Trust (MVT) published an open letter to ...

26 Sept 2023 at 14:28

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” ...

20 Feb 2023 at 00:01

City

Thousands of businesses go bust while awaiting business rates rebates

Thousands of business sites have foundered in while waiting for rebates over property taxes, according to new data. Research by real estate advisory firm Altus Group has showed that 3,165 business premises, ...

25 Jul 2022 at 01:01

City

Pubs in England and Wales drop below 40,000 for first time on record

There are fewer pubs in England and Wales than ever before, according to analysis that sheds light on the ruinous impact of the coronavirus pandemic and soaring business costs. The total number of pubs ...

04 Jul 2022 at 10:17

City

Grocers set for almost £550m tax reduction from 2023

UK supermarkets and grocers will benefit from an almost £550 million tax cut over the next three years, according to new analysis. It comes after more than half a million retail properties in England ...

02 Jan 2023 at 09:00

Business rates slashed by millions for iconic British shops and hotels

Big high-street shops and hotels are set to save millions from tumbling taxes as the Treasury unveiled a package of support on business rates in Thursday’s autumn statement. Iconic British ...

18 Nov 2022 at 16:25

City

Last orders: 80 pubs shut for good each month, says new data

The number of pubs disappearing from communities across England and Wales jumped a third over the first months of 2024 amid pressure on punters’ budgets, according to new figures. ...

17 Jun 2024 at 00:01

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