Articles for Business Rates

Almost 170,000 retail jobs lost in 2024 - and there could be even more next year
1 week, 4 days ago

Almost 170,000 retail jobs lost in 2024 - and there could be even more next year

Sky News  

Almost 170,000 retail workers lost their jobs this year after the collapse of major high street chains, according to data. "The problems of changed customer shopping habits, inflation, rising energy costs, rents and business rates have continued and forced many retailers to cut back even more strongly in 2024." 'Multi-hazard storm' to hit on New Year's Day Last man on …

Business Retailers Business Rates Sky News Retail Jobs
British economy heading for ‘worst of all worlds’, business leaders warn over Labour Budget
2 weeks, 5 days ago

British economy heading for ‘worst of all worlds’, business leaders warn over Labour Budget

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “As we head into 2025, firms are looking to the government to boost confidence and …

Business Economy Growth Independent Labour Budget British
Rachel Reeves tells small business owner: ‘We are trying to help’
1 month ago

Rachel Reeves tells small business owner: ‘We are trying to help’

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chancellor Rachel Reeves told a shop owner the Government was …

Business Insurance Budget Small Business National Changes Small Businesses
I'm so angry, I want to ban Rachel Reeves from my grocer shop: After that controversial Budget, how business owners in her own backyard REALLY feel about the Chancellor
1 month, 1 week ago

I'm so angry, I want to ban Rachel Reeves from my grocer shop: After that controversial Budget, how business owners in her own backyard REALLY feel about the Chancellor

Daily Mail  

Raymond Sutcliffe is fuming. Under a ‘temporary’ policy introduced during the pandemic, business rates relief was meant to end in April next year. ‘The staffing and National Insurance costs next year are going to be an extra £170,000 for us as a business – which is massive,’ he explains. ‘The current relief was only temporary, with business rates expected to …

Business Budget National Relief Cent Going Businesses
UK airports warn of higher air fares and fewer routes if business rates soar
1 month, 1 week ago

UK airports warn of higher air fares and fewer routes if business rates soar

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Air fares will rise and some routes will be cancelled if Britain’s airports are hit with …

Independent Airports Letter Business Rates
Tackle business rates to prevent the death of the High Street, says Mitchells & Butlers pubs boss
1 month, 2 weeks ago

Tackle business rates to prevent the death of the High Street, says Mitchells & Butlers pubs boss

Daily Mail  

The boss of Mitchells and Butlers has warned High Streets ‘are going to die’ without a radical reform of business rates to offset soaring costs from the Budget. Phil Urban, chief executive of the 1,700-strong pub group behind the Harvester and All Bar One chains, said his company alone faces £100million of extra costs. The pain on the High Street …

Budget Urban Business Rates High Streets
John Lewis chief attacks Reeves over ‘two-handed’ tax grab
1 month, 3 weeks ago

John Lewis chief attacks Reeves over ‘two-handed’ tax grab

The Telegraph  

The Treasury also delayed a planned overhaul of the business rates system to 2026, having pledged to reform the way companies are taxed on their properties to support retailers. It means many retailers, including John Lewis, will have to pay higher business rates bills for at least another year. By contrast, Stuart Machin, chief executive of M&S, last month warned …

Business Tax Reeves Rates John Lewis Business Rates Chief Attacks
The devastated business owners left in tears by Labour's Budget: Hairdresser breaks down on live TV as IFS warns National Insurance hike will hit low-paid jobs hardest and force firms to cut salaries,
2 months, 1 week ago

The devastated business owners left in tears by Labour's Budget: Hairdresser breaks down on live TV as IFS warns National Insurance hike will hit low-paid jobs hardest and force firms to cut salaries,

Daily Mail  

This video is no longer available This video is no longer available An entrepreneur has broken down on live television over the hike in National Insurance which businesses say will force them to cut jobs, reduce salaries and put up prices. Entrepreneur Toby Dicker has broken down on live television over the hike in National Insurance which businesses say will …

Business Labour Budget National Hospitality Businesses Costs British
What is Labour’s controversial private school VAT raid policy?
2 months, 1 week ago

What is Labour’s controversial private school VAT raid policy?

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, …

Policy Labour Budget Schools Private Private Schools 15 Per Cent
What the Autumn Budget 2024 means for you: How Rachel Reeves' £40bn tax rises will hit
2 months, 1 week ago

What the Autumn Budget 2024 means for you: How Rachel Reeves' £40bn tax rises will hit

Daily Mail  

Chancellor Rachel Reeves has revealed £40billion worth of tax hikes and a surge in government borrowing in a highly anticipated Autumn Budget. > Full list of benefit rises announced in the Budget > What the capital gains tax hike means for you: How small investors will be hit > No Budget boost for first-time buyers - five months to avoid …

National Duty Capital Gains Tax Cent Rates Increase Obr
‘Amazon tax’ to save Britain’s high streets under consideration by Reeves
2 months, 2 weeks ago

‘Amazon tax’ to save Britain’s high streets under consideration by Reeves

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chancellor Rachel Reeves is considering …

Retail Tax Reeves Temu Business Rates High Streets Online Business
M&S and Sainsbury’s bosses urge Reeves to slash tax on retailers
3 months ago

M&S and Sainsbury’s bosses urge Reeves to slash tax on retailers

The Telegraph  

The bosses of Marks & Spencer and Sainsbury’s are leading calls for Rachel Reeves to cut retailers’ tax bills, amid claims the sector “pays more than its fair share” to the Exchequer. In an open letter published on Monday, more than 70 chief executives from Britain’s biggest retailers urged Ms Reeves to “level the playing field” by reducing their business …

Retail Tax Reeves Rates Sainsbury Business Rates
Wall Street drifts higher to set more records
3 months, 2 weeks ago

Wall Street drifts higher to set more records

LA Times  

The flag of Argentina flies on the front of the New York Stock Exchange where Argentine President Javier Milei rang the opening bell Monday. Financial markets have broadly been romping higher after the Federal Reserve last week cut its main interest rate for the first time in more than four years by an unusually large amount. The overall figures suggest …

Economy Market Trump Interest Rates Fed Rate Rates
Business rates system ‘no longer fit for purpose’ says Sainsbury’s boss
4 months, 4 weeks ago

Business rates system ‘no longer fit for purpose’ says Sainsbury’s boss

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The boss of Sainsbury’s has …

Business Retail Industry Tax High Current Sainsbury
Business chiefs welcome ‘clarity’ of landslide Labour election victory
6 months ago

Business chiefs welcome ‘clarity’ of landslide Labour election victory

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Greg Jackson, founder of the UK’s biggest energy provider …

Business Growth Labour Economic Growth Chief Keir Sir Keir
Last orders: 80 pubs shut for good each month, says new data
6 months, 3 weeks ago

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

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The number of pubs disappearing from communities across England and …

Business England Wales Tax High Pub Business Rates
Labour set to unveil plan to back small businesses
7 months ago

Labour set to unveil plan to back small businesses

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Appearing alongside shadow chancellor Rachel Reeves and other shadow …

Labour Small Businesses Businesses Small Business Rates Vat Small Business Owners
What are Labour’s plans for small businesses and what are others saying?
7 months ago

What are Labour’s plans for small businesses and what are others saying?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Labour also wants to stamp out late payment of invoices to small businesses by …

Business Energy Labour Small Business Small Businesses Businesses Rates
Zombies: Ranks of world’s most debt-hobbled companies are soaring, and not all will survive
7 months ago

Zombies: Ranks of world’s most debt-hobbled companies are soaring, and not all will survive

Associated Press  

NEW YORK — They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good. Added Miami investor Mark Spitznagel, who famously bet against stocks before the last two …

Business Canada South Korea Companies Debt Pay Interest Rates
Reform’s legal challenge to Labour tax raid on private schools can’t work because of Brexit, says expert
7 months, 1 week ago

Reform’s legal challenge to Labour tax raid on private schools can’t work because of Brexit, says expert

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Legal Brexit Tax Labour Fees Private Schools Business Rates Relief
All the things missed out of Jeremy Hunt’s spring Budget
10 months ago

All the things missed out of Jeremy Hunt’s spring Budget

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Beyond the fanfare surrounding Jeremy Hunt’s decision to cut the rate …

Tax Budget Income Tax Income Cent Rate Cut
Cathedral schools fear going bust under Labour plans to curb tax breaks
1 year ago

Cathedral schools fear going bust under Labour plans to curb tax breaks

The Telegraph  

Cathedral schools fear that they will “go bust” under Labour’s fee changes, MPs have heard. Raising concerns about Labour’s plans in the House of Commons, Sir Michael Fabricant, the Conservative MP for Lichfield said: “Cathedral schools, like Lichfield Cathedral School, play an important part in providing young choristers for cathedrals. “What assessment has the commissioners made about the effects of …

School Labour Conservative Schools Cathedral Business Rates Vat
Tories hail Chancellor's tax-cutting Autumn Statement after he gives Brits a £450 boost by slashing 2p off national insurance and hands firms £10bn perk - but watchdog warns the burden will STILL hit
1 year, 1 month ago

Tories hail Chancellor's tax-cutting Autumn Statement after he gives Brits a £450 boost by slashing 2p off national insurance and hands firms £10bn perk - but watchdog warns the burden will STILL hit

Daily Mail  

Tories hailed Jeremy Hunt's tax-cutting Autumn Statement tonight after he handed around 30million Brits a national insurance boost. 'It's time to get Sid investing again,' said Mr Hunt; The OBR forecasts that inflation will fall to 2.8 per cent next year, and only reach the Bank of England's 2 per cent target by 2025; The economy is predicted to grow …

Government London Labour Tesla Pension Income Tax British
Hard-up support worker admits 'I used to shop at Sainsbury's but now go to Iceland' and struggling pensioner says it's too expensive to use his oven - Brits react to tax cuts and pensions boost in the
1 year, 1 month ago

Hard-up support worker admits 'I used to shop at Sainsbury's but now go to Iceland' and struggling pensioner says it's too expensive to use his oven - Brits react to tax cuts and pensions boost in the

Daily Mail  

Jeremy Hunt cut national insurance for 27 million people in a highly political Autumn Statement ahead of a general election expected next year. As long as you have a roof and food that is fine' 'I had to sacrifice luxuries - the government need to walk their talk' Vegetarian food stall owner Simone Irving says it has been 'really tough' …

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