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Business Rates

  • Oxford Street retailers call for ‘comprehensive’ reform to business rates

    June 10, 2024

    A business group that represents dozens of major retailers on London’s Oxford Street has called for a “comprehensive” reform to business rates to boost Britain's high streets.

  • Labour promise to replace business rates with property taxes

    April 9, 2024

    Labour has promised to replace business rates with a system of “business property taxation” in a bid to level the playing field between high street businesses and online retailers.

  • Spring Budget 2024: Tourist tax under review ahead of next week’s statement

    February 4, 2024

    The so-called ‘tourist tax’ is under review ahead of the Spring Budget, according to reports, indicating the Treasury could ditch the policy.

  • Fried chicken and Parker pens: A day at Labour’s business bonanza

    February 2, 2024

    “I think this is the only job where you can get some positive press just by eating a few prawn cocktails and having some nice dinners.”

  • Luxury retailer Julian Charles forced into the red by rising costs

    January 24, 2024

    Rising costs forced luxury bedding and homewares retailer Julian Charles into the red during its latest financial year.

  • ‘A cruel blow’: Loungers boss bemoans Hunt’s lack of business rates support for larger firms

    November 28, 2023

    The boss of Loungers has criticised chancellor Jeremy Hunt’s decision to not extend business rates relief to larger firms, describing it as a “cruel blow”.  Speaking to City A.M, the chief of the casual dining chain, Nick Collins, said: “It’s going to add to the inflationary pressure, at a time when hospitality really struggled with [...]

  • Misery for London retailers as they face £575m business rates bill

    November 27, 2023

    Retail properties in London could be faced with an extra £575.55m in business rates next year as they are not eligible for support measures.

  • Business budget: Hunt vows to cut taxes and boost investment by £20bn a year by 2030

    November 21, 2023

    Jeremy Hunt has vowed to boost business investment by £20bn a year by 2030 ahead of the Autumn Statement.

  • Business cheers news that investment tax break could be permanent

    November 5, 2023

    Business groups have welcomed the news that Jeremy Hunt is considering making £10bn investment tax break permanent as part of this month’s Autumn statement.

  • Badenoch: Too many British firms put virtue signalling over profit

    November 2, 2023

    A row has broken out after Labour criticised Kemi Badenoch’s claim that businesses “fear the entrepreneurial” and focus too much on 'virtue' rather than profit

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