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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, including offices, factories, shops, pubs ...

25 Jul 2022 at 01:01

City

Valuation Office Agency to be scrapped in latest quango cull

The government body responsible for calculating council tax and business rates is to be scrapped in the latest move to cull quangos and cut costs. The Valuation Office Agency (VOA) will be disbanded as a standalone division and the majority will ...

28 Apr 2025 at 16:13

Gatwick blames jump in business rates for raising drop-off fee to £10

Gatwick airport has blamed a hike in business rates by Chancellor Rachel Reeves for raising its fee for dropping off passengers outside its terminals to £10. The new price – which represents a 43% increase from the £7 currently charged – will ...

12 Dec 2025 at 16:08

City

More than 5,000 pubs facing sharp business rate hikes as tax valuations double

More 5,000 pubs are set for sharp jumps in business rates after their property tax valuations doubled following the autumn budget, the boss of a Government agency has warned. Jonathan Russell, chief executive of the Valuation Office Agency, ...

13 Jan 2026 at 14:15

Fact check: Government received data on sector impact of revaluations

Conservative leader Kemi Badenoch claimed in Prime Minister’s Questions on January 14 that Business Secretary Peter Kyle said the Chancellor “did not even realise the impact of her business rates policy” on January 12. She added that on ...

16 Jan 2026 at 18:05

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