22nd July 2021
19th July 2021
Hospitality sector still faces struggle to survive post “Freedom Day”
The hospitality sector is still facing a struggle to survive as businesses brace themselves for a triple-whammy of debt repayments, business rates and rising costs – just as the country moves into “Freedom Day”. A... Continue reading
15th July 2021
WHSmith wins court case over covid rent reduction trigger
WH Smith Retail Holdings Ltd-v-Commerz Real Investmentgesellshaft MBH (25 March 2021) By Stuart Hicks, Director. Winchester County Court has enforced tenant-friendly triggers relating to a pandemic rent suspension clause in the case of WH Smith... Continue reading
30th June 2021
Govt’ consultation launched on rates’ revaluation changes
The Government is seeking feedback on plans to increase the frequency of business rates revaluations. The Treasury yesterday started a consultation on the measures which could see revaluations take place every three years instead of the... Continue reading 29th June 2021
Unpaid business rate debt in England reaches £2.5bn
A debt mountain of almost £2.5bn of unpaid business rates is crushing English firms, according to new data out this week. With businesses forced to shut shop for long periods over the various lockdowns, debt... Continue reading
17th June 2021
“Freedom Day” delay not matched by relief extensions for businesses
As widely predicted, on Monday Boris Johnson announced a delay in lifting the remaining lockdown restrictions. Just as predictably, calls for additional help for struggling businesses quickly followed. The fears of businesses, particularly the retail,... Continue reading 14th June 2021
Calls for further business rates relief as lockdown extension looks inevitable
The government is facing calls to extend economic support including business rates relief if the 21 June ‘unlocking’ date is delayed, as expected, today. Labour’s Shadow business secretary Ed Miliband has warned hospitality will be... Continue reading
4th June 2021
Business rate relief changes after June 30
The retail and hospitality sector will be nervously eyeing up June 30th after planned changes to business rate reliefs come into effect for a post-pandemic restart. In the March budget chancellor Rishi Sunak announced the... Continue reading 26th May 2021