£1.5bn Business Rates Rise Threatens UK High Street Shops
Major UK retailers face a £1.5bn business rates hike from April 2026, threatening store closures and job losses as the industry warns of a 'tipping point' for the high street.
Major UK retailers face a £1.5bn business rates hike from April 2026, threatening store closures and job losses as the industry warns of a 'tipping point' for the high street.
Shadow Chancellor Rachel Reeves announces Labour's plan to overhaul business rates, freeze the multiplier, and increase the threshold for small business relief, aiming to revitalise Britain's struggling high streets.
Retail giant John Lewis Partnership warns the upcoming National Insurance increase will act as a 'tax on jobs' and hurt both businesses and workers amidst the cost of living crisis.
Chancellor Rachel Reeves vows to overhaul the UK's business rates system, branding it an unfair 'high street tax' that stifles growth and punishes brick-and-mortar retailers. Discover the plan for reform.
Chancellor Rachel Reeves announces the abolition of the current business rates system, launching a comprehensive review to create a fairer tax regime for UK high streets and level the playing field with online giants.
A popular Sydney eatery, 'The Shed', has shocked its loyal patrons by announcing its immediate and permanent closure, citing overwhelming family reasons and leaving a community in mourning.
John Lewis's flagship Brighton store is set to close, with management citing crippling government business rates as a key factor. The decision puts 300 jobs at risk and deals a major blow to the city's retail heart.
Australian fast-food favourite Guzman y Gomez faces significant hurdles in its ambitious US expansion, with reports of financial losses, leadership exits, and a struggle to adapt its menu for American tastes. Is the burrito bubble bursting?
Chancellor Rachel Reeves commits to no VAT increase on business rates, offering relief to UK firms and outlining Labour's economic strategy.
Exclusive: Ben Cohen and Jerry Greenfield slam parent company Unilever for abandoning ethical values, warning customers and staff of corporate betrayal.
A UK mum transformed her crochet hobby into a thriving £80k business after quitting her job, proving passion projects can be profitable. Discover her inspiring journey from side hustle to success.
JD Wetherspoon founder Tim Martin launches a fierce critique of the UK's tax system, arguing that pubs are unfairly burdened compared to supermarkets. He calls for tax equality to save the struggling industry.
New analysis reveals a 'perfect storm' for UK retailers this Christmas, with a potential sales tax hike threatening to dampen consumer spending during the crucial festive period. Shoppers could face higher prices as the Treasury reviews business rates.
Exclusive investigation into the UK's looming population collapse. Discover why birth rates are plummeting, the economic timebomb this creates, and what policymakers aren't telling you about our demographic future.
Exclusive analysis reveals a growing savings gap in the UK, with high street banks offering paltry returns while the best easy-access deals deliver 25 times more interest. Discover why loyal customers are losing out.
Exclusive: Howard Lutnick of Cantor Fitzgerald is reportedly in advanced talks with the former US President to develop a major real estate venture in Japan's capital, signalling Trump's post-election business ambitions.
Yorkshire's beloved Spotted Cow Cookies has ceased trading, leaving 25 employees jobless and customers heartbroken. The family-run bakery, famed for its gourmet biscuits, succumbed to the relentless pressure of the cost-of-living crisis and soaring inflat
A Warwickshire businessman has been hailed a hero after his blistering Facebook response to a group of women who launched a vicious campaign of abuse against his young employees, calling their behaviour 'utterly disgusting'.
After a gruelling 15-year battle, Nuneaton business owner Paul Edwards triumphs over a wrongly issued parking fine that threatened to destroy his livelihood and home.
Chancellor Rachel Reeves faces a furious backlash from business leaders for her 'deafening silence' on the upcoming Autumn Budget, creating crippling uncertainty for UK firms and sparking fears of a major economic misstep.
Exclusive: The Financial Conduct Authority has uncovered a major failure by UK banks to pass on interest rate rises to savers, disproportionately harming vulnerable and older customers. Discover the findings and what it means for your money.
Exclusive: Arthur T. Demoulas, the ousted CEO beloved by workers, enters mediation in a dramatic final attempt to buy back the 50.5% stake of the Market Basket grocery chain and end the family feud that has paralysed the business.
The Duchess of Sussex has abruptly closed her lifestyle venture, ShopMy, just weeks after its high-profile launch, sparking speculation and industry analysis.
Exclusive: The multi-billion pound Kraft Heinz merger is under intense scrutiny as major investors push for a potential breakup of the food and condiment titan. Analysts suggest a split could unlock significant value.
A UK business owner fights back against shoplifters by publicly shaming them with hilarious CCTV footage of them stealing rubber ducks, bath bombs, and chocolate. His viral campaign highlights the growing crisis facing small retailers.
Nestlé's UK & Ireland boss, Stefano Agostini, has been abruptly dismissed after nearly four decades with the company for failing to disclose a personal relationship with a colleague, breaching strict corporate governance rules.
New data from Nationwide reveals UK house prices fell by 5.3% annually in December 2023, marking the most significant decline in over a decade as higher mortgage rates continue to dampen the property market.
UK property market faces sharp correction as mortgage rates bite, while new US tariffs on China trigger global factory slowdown and market volatility.
The Freccia brothers' Volkswagen garage in Connecticut faces a shocking eviction after six decades. A bitter family trust battle forces the closure, leaving the community and 15 employees devastated. Read the full story of this local institution's downfal
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