UK Economy Saw Unexpected Contraction in January
The UK economy saw an unexpected contraction of 0.1% in January, raising concerns for businesses and policymakers alike ahead of the Chancellor’s upcoming Spring Statement….
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Retail
Areas Hardest Hit by Labour’s £1 BILLION Cut in Retail, Leisure & Hospitality Tax Discounts
The slashing of business rates discounts for embattled high streets, the length and breadth of England, will cost an extra £1.03 billion in tax for…
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Colliers Forecast Further Carnage on the High Street –As Rates Set to Rise
Thousands of Businesses Face 140% rises in Rates Bills when Government Policy to Reduce Reliefs Takes Effect in April “The Labour Government’s business rates policies…
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Private Sector Expects Steep Decline in Activity into 2025
Private sector firms expect activity to fall in the three months to March (weighted balance of -24%), according to the CBI’s latest Growth Indicator. Expectations…
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Chancellor Urged To Cancel April Business Rates Increases And Bring In Business Rates Reform.
“The Chancellor must cancel the business rates rises due next April when she announces her Autumn Budget next week, if she is truly serious about…
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Registered Company Insolvencies Increase To 1,973, As Of September 2024
The number of registered company insolvencies across the UK has reached 1,973, reflecting an increase of 2% compared to August 2024. Oliver Collinge, Director at…
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300% Tax Rises For 250,000 High Street Firms Next April
Inflationary tax rises based upon September’s Consumer Prices Index (CPI) measure of inflation, the headline rate of inflation, coupled with the loss of the 75%…
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£2.66 BILLION Looming Tax Hike For Leisure & Hospitality Firms In England
Retail, Leisure & Hospitality firms’ the length and breadth of England are set to pay an eye watering £2.66 Billion a year more in business…
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Limited Growth For Hospitality Barclays Consumer Growth Report Reveals
Consumer card spending increased 1.2 per cent year-on-year in September, after returning to growth in August, but remained lower than the latest CPIH inflation rate…
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Tourism Industry Would Be Bolstered By Investing In High Streets, Says FSB
Ahead of World Tourism Day, 27 September, the Federation of Small Businesses (FSB) has presented a plan to shore-up tourism in the UK through reviving…
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High Street Closures No Surprise Says CAMRA
Pubs, banks and pharmacies made up half of the closures on Britain’s High Streets in the first six months of this year, according to research…
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First Minister Sets Out Scotland’s Programme For Government 2024-25
First Minister John Swinney has announced his first Programme for Government which sets out the Scottish Government’s commitments for the coming year, and will focus…
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11 Million Brits Planning A “Staycation This August Bank Holiday, Bringing £3.1bn Boost
VisitEngland’s August Bank Holiday Trip Tracker survey, published today, shows that 11 million Brits are definitely planning an overnight holiday trip in the UK this…
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New Report Sets Out Future Vision To Support And Transform Our High Streets
The UK’s biggest business group has unveiled a package of new measures to help transform life on our ever-evolving high streets for the millions of…
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Sector Responds to Kings Speech
The Labour government’s first King’s Speech has been broadly welcomed by the hospitality sector for introducing measures aimed at achieving a 6% annual growth potential….
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