William Eichler 10 August 2021

Retailers tell Government to fix ‘broken’ business rates system

Retailers tell Government to fix ‘broken’ business rates system image

Retailers have urged the Government to reform the business rates system as part of the effort to help high streets recover from the pandemic.

The latest figures from the British Retail Consortium (BRC) show that retail sales increased by 6.4% in July, against a growth of 3.2% in during the same month last year. This is below the three-month average growth of 14.7% and the 12-month average growth of 10.4%.

On a two-year basis, total retail sales grew by 9.1%.

‘July continued to see strong sales, although growth has started to slow,’ said Helen Dickinson, chief executive of the BRC.

‘The lifting of restrictions did not bring the anticipated in-store boost, with the wet weather leaving consumers reluctant to visit shopping destinations.

‘Online sales remained strong, and with weddings and other social events back on for the summer calendar, formalwear and beauty all began to see notable improvement, so fashion outlets in particular saw a bounce back to pre-pandemic levels.

‘As many people prepare to return to the workplace, purchase of home office equipment began to fall after months of high sales, meanwhile other homeware, such as furniture and household appliances continued to do well.’

Ms Dickinson warned that the vacancy rate is continuing to rise and called for a reform of what she described as the ‘broken’ business rates system.

‘Unfortunately, the current broken business rates system continues to hold back retailers, hindering vital investment into retail innovation and the blended physical-digital retail offering,’ she said.

‘The Government must ensure the upcoming business rates review permanently reduces the cost burden to sustainable levels. Retailers want to play their part in building back a better future for local communities, and Government must give them the tools to do so.’

SIGN UP
For your free daily news bulletin
Highways jobs

Educational Psychologist (EP)

London Borough of Richmond upon Thames and London Borough of Wandsworth
£53,238 - £64,512 per annum
Educational Psychologist (EP)£53,2... Wandsworth, London
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

HMO ASB OFFICER

Royal Borough of Greenwich
PO1 - £41,113 to £43,680
We are looking for three HMO Anti-Social Behaviour Officers to join our Private Housing London (Greater)
Recuriter: Royal Borough of Greenwich

South-East London Fostering Hub Programme Manager

Royal Borough of Greenwich
PO6 (£54,267 - £57,402)
The role will provide strong programme management oversight, ensuring projects are well planned, effectively delivered a London (Greater)
Recuriter: Royal Borough of Greenwich

Professional Educator (Part Time, 28 hours)

Royal Borough of Greenwich
PO6 - £54,267 to £57,402
We are looking for an experienced and enthusiastic Professional Educator to join our Quality Assurance and Workforce development Service. London (Greater)
Recuriter: Royal Borough of Greenwich

Principal Lawyer Litigation and Housing

Kirklees Metropolitan Council
£53,051 to £58,258
You will join a team of experienced Lawyers, Legal Officers, and Paralegals supported by a dedicated Business Support Team. Huddersfield, West Yorkshire
Recuriter: Kirklees Metropolitan Council
Linkedin Banner