The chief executives of Costcutter, Spar and the Co-op Group have joined forces with grocery multiples to demand the government reform the "broken business rates
The figures highlight growing discontent about business rates
, which are calculated on the basis of property values and a multiplier that rises with inflation.
MORE than 50 major UK retailers have demanded action from the government to fix the "broken" business rates
AN administrative blunder means a council-owned hotel still owes PS104,000 in unpaid business rates
- to itself.
Almost 300 retailers will be receiving a business rates
A FUNDAMENTAL reform of business rates
is needed to save the high street, the shopworkers union claims today.
MP Nicky Morgan, chairman of the Treasury Committee, explains why she wants to hear from West Midlands businesses about the impact of business rates
The British High Street is suffering.
There is an invisible enemy that is damaging many traditional retailers - a business rates
system that is failing badly.
THE business rates
multiplier has risen to 50.4p in the pound, with the British Retail Consortium saying retailers in England, Scotland and Wales are now shouldering an additional PS200m of taxes.
are set to hit a record high after a near PS730million surge next year.
Last year the council secured Government funding to help local businesses following a revaluation of business rates
. The changes saw business rates
increase for some companies.