New Calls For Chancellor To Freeze Business Rates
Chancellor Jeremy Hunt has once again been urged to freeze business rates again, following warnings that a multi-billion hike in bills could leave many small…
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Retail
Quarter Finals’ Retail And Hospitality Spending Set To Reach £145m
1.9m consumers are set to visit hospitality venues, boosting sales by £28.8m Hospitality venues are predicted to make £16.1m from drink sales alone Retail and…
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Ofgem Challenged To Take Action On Hidden Energy Costs
Leading associations from sectors including hospitality, retail and social care have signed an open letter organised by not-for-profit energy consultancy Box Power CIC challenging the…
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Budget 2023 – The Government Still Needs to Fulfil its Manifesto: And Aid the Retail and Hospitality Sectors by Cutting Business Rates and Introducing Fundamental Reform
“The Chancellor must not miss the opportunity in Budget 2023 for fundamental business rates reform” says John Webber Head of Business Rates at Colliers. Whilst…
Read more...Retail and Hospitality Spend Set to Reach £281m During World Cup 2022 Quarter-Final Stage
The 2022 World Cup Quarter-Final stage is predicted to bring in a combined £281 million for retail and hospitality venues across the nation, according to…
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Colliers Business Rates Team Steps Up “Save the High Street” Campaign to Government at Conservative Party Conference
Webber continued, “Time and time again we have seen consultations on the business rates system and time and time again key experts outline the key reforms we need to see. Yet nothing meaningful ever happens.
Read more...Two Months From March Quarter Day Shows Recovery In The Retail And Leisure Sectors
Two months on from March quarter day, total commercial property rent collection has jumped from 57% to 89% notes Colliers.
Both leisure and retail sectors have seen rent payments increase significantly in the two months since March quarter day
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