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Business Rates

  • Pizza Pilgrims’ co-founder on creating the perfect base for strong growth

    November 8, 2024

    Pizza Pilgrim's co-founder Thom Elliot has hospitality in his veins. In just over a decade, he and his brother James have gone from growing up above a pub in Cornwall to opening their 25th pizzeria this November.

  • Business will be looking at where taxes are going, not just where they are

    October 29, 2024

    Tomorrow’s Budget announcements will capture immediate attention, but it’s the tax roadmap that could have the most enduring impact, says Chris Sanger The government’s decision to publish a corporate tax roadmap in this week’s Budget is intended to strengthen the UK’s economic foundations and attractiveness as a destination for capital. This move comes at a [...]

  • Wetherspoons and Pizza Pilgrims bosses call for business rates relief ahead of budget

    October 21, 2024

    Hundreds of UK hospitality groups and pubs have called for permanent action on business rates relief ahead of the Autumn Budget. In an open letter to Rachel Reeves, the hospitality bosses called for permanent action with the extension and lowering of business rates relief for the sector. It included 170 signatures from various high street [...]

  • 1,500 City of London retailers set for surprise tax cut after ruling

    October 9, 2024

    More than 1,500 retail shops in the City of London could see their tax bill slashed after a tribunal ruled a Cheapside store was paying too much in business rates. The Valuation Tribunal for England ruled that the rateable value applied to the main space of a City of London shop by the Valuation Office [...]

  • Retail bosses urge Chancellor to reform business rates to boost growth

    October 7, 2024

    The letter, co-ordinated by the British Retail Consortium (BRC), argued the retail industry paid 7.4 per cent of all business taxes when it only made up five per cent of the overall economy.

  • Here’s what the government should do to fix business rates

    October 7, 2024

    Businesses are calling for certainty. What they don’t need is a knee-jerk reaction on business rates from the government, writes David Jones

  • Pubs face ‘double whammy’ of tax hikes as hundreds call last orders for good

    September 23, 2024

    Around 50 pubs per month ‘vanished’ from England and Wales in the first half of the year as hospitality struggled with costs and tax rates. The overall number of pubs in England and Wales, including those vacant and being offered to let, fell to 39,096 at the end of the first half of 2024, down [...]

  • Retail group calls for ‘rates corrector’ in next Budget

    September 13, 2024

    High business rates and other bills have led to an overtaxing of the retail industry compared to its size in terms of GDP, according to fresh data. The British Retail Consortium found that retail pays 7.4 per cent of all business taxes – £33bn – a share 1.5 times greater than its share of the [...]

  • Sainsbury’s: Business rates ‘nothing more than an unfair tax on shops’

    August 12, 2024

    Sainsbury’s has urged the government to cut business rates and warned that failure to act could lead to over 17,000 shop closures over the next decade.  It has called for a rate cut of 20 per cent in a bid to revitalise the high street and protect jobs. Not only would this project jobs, the [...]

  • Fuller’s pub chain optimistic on easing inflation and urges business rates cut

    July 23, 2024

    Fuller Smith & Turner has continued its strong recovery. The pub chain said sales at the London-listed company grew by 5.3 per cent for the first 16 weeks of the financial year, boosted by major events including the Euro football championships. At the beginning of June the company said like-for-like sales in the 52 weeks [...]

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