September 12, 2018
BHS, Carpetright, Homebase, House of Fraser, HMV, Maplin, Marks & Spencer, Mothercare, New Look, Toys R Us, Woolworths: a decade ago this list wouldn’t have looked out of place in the store guide of a well-appointed shopping centre. Today, it reads more like a wall of remembrance commemorating casualties suffered in the ongoing battle between the internet and the high street.
August 20, 2018
• Former Business Secretary said the business rate system was hurting economy • He called for it to be replaced by new tax which would be levied on land value • His comments come as pressure is mounting on the Government to review the system, which critics say is helping destroy traditional retailers
August 8, 2018
Amazon pays just £38 million in business rates taxes despite its sales dwarfing high street retailers with comparable bills.
August 1, 2018
The chief executive of Next has joined the growing list if UK retail leaders criticising the business rates regime, after he went on TV and called for reforms in order to keep the high street alive.
July 10, 2018
Almost one in six companies that pay business rates have faced the threat of court action over arrears, according to research that is likely to prompt fresh concerns over the burden of the commercial property tax.