Independent shops urge government to support retailers with £2billion returned by supermarkets

Several supermarkets have agreed to waive the business rates holiday and hand over the money saved. Here, we take a look at what it means: – What are business rates? Business rates are paid by every commercial property in the UK. They are similar to council tax for residential properties and are collected by local authorities … Read more

Independent shops urge government to support retailers with £2billion returned by supermarkets

Several supermarkets have agreed to waive the business rates holiday and hand over the money saved. Here, we take a look at what it means: – What are business rates? Business rates are paid by every commercial property in the UK. They are similar to council tax for residential properties and are collected by local authorities … Read more

Independent shops urge government to support retailers with £2billion returned by supermarkets

Several supermarkets have agreed to waive the business rates holiday and hand over the money saved. Here, we take a look at what it means: – What are business rates? Business rates are paid by every commercial property in the UK. They are similar to council tax for residential properties and are collected by local authorities … Read more

America braces for Black Friday: Retailers pin their hopes on shopping bonanza

The Black Friday bonanza has begun across the United States with shoppers lining up across parts of the country as retailers pin their hopes on a spending surge after months of slumping sales and businesses toppling into bankruptcy amid the COVID-19 pandemic.  Despite being warned by the CDC that in-person shopping would drive up the … Read more

Health food retailers, stationery shops and DIY stores stay OPEN to serve customers

A host of shops that closed during the first lockdown but are now classed as ‘essential’ have kept their doors open as the nation enters a second shutdown.   As seen under the first lockdown restrictions, all non-essential retailers were forced to close from Thursday.  But under new lockdown rules a raft of shops have newly … Read more

Audit giants in bid to value retailers’ Christmas stock

Locked out by coronavirus, panicked audit giants stage desperate bid to value retailers’ Christmas stock By Emma Dunkley, Financial Mail On Sunday Published: 21:52 GMT, 31 October 2020 | Updated: 21:52 GMT, 31 October 2020 Britain’s biggest auditors are in crisis talks over fears that tough Covid rules will stop them visiting retailers to check … Read more

Amazon will NOT be impacted by £500m digital services tax – but smaller retailers will be

Amazon will NOT be impacted by £500m digital services tax – but smaller retailers will be, HMRC admits Two per cent on tax on internet giants will not impact Amazon, HMRC admits  Treasury said Digital Services Tax would make companies pay ‘fair contribution’ Business leaders say the tax is penalising smaller companies who use Amazon   … Read more

Pre-orders for PlayStation open early, sparking buying frenzy that left many retailers sold out

Sony announced pricing and release dates for its PlayStation 5 Wednesday and retailers opened pre-orders of the console one day earlier than expected – creating a buying frenzy among the gaming community. Gamers around the world ran to their computers, smartphones and tablets to reserve a console, but many were met with broken links, page … Read more