Waterstones has a “major hurdle” to jump in April, when the introduction of the UK government’s “unjust” business rates re-evaluation will leave the company with a £2m-a-year shortfall, which could jeopardise the retailer’s recent return to profitability. Continue reading at 'The Bookseller'
[ The Bookseller | 2016-11-14 00:00:00 UTC ]
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Booksellers Association m.d. Meryl Halls has urged the Treasury Select Committee to "level the playing field" and reform business rates. Continue reading at The Bookseller
[ The Bookseller | 2019-05-21 22:14:38 UTC ]
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The Treasury Committee has launched an inquiry into business rates, with the Booksellers Association calling for a "root and branch reform" of the business rates system to stop giving digital retailers an "unfair" advantage. Continue reading at The Bookseller
[ The Bookseller | 2019-02-09 00:00:00 UTC ]
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The Bookseller's Assocation has warned Amazon is "gaming the system" and branded the business rates regime "unfair" yet again after it emerged the online retail giant paid £63m in business rates despite recording £8bn in UK sales. Continue reading at The Bookseller
[ The Bookseller | 2019-01-10 00:00:00 UTC ]
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The Chancellor of the Exchequer Philip Hammond will use today's Budget to announce a £1.5bn package of support for the High Street, including £900m in business rate relief, according to widespread reports. Continue reading at The Bookseller
[ The Bookseller | 2018-10-30 00:00:00 UTC ]
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The Chancellor Philip Hammond has confirmed a tax cut to business rates of one third for all retailers in England with a rateable value of £51,000 or less. The measure will last for the next two years, until the next re-evaluation of rateable values in 2021. Hammond told the House of Commons... Continue reading at The Bookseller
[ The Bookseller | 2018-10-30 00:00:00 UTC ]
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Amazon pays only £38m a year in business rates in England and Wales, a Daily Mail investigation has found, while enjoying soaring turnover. Continue reading at The Bookseller
[ The Bookseller | 2018-08-07 00:00:00 UTC ]
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The Bookseller is calling on readers, authors, agents, publishers and the general public to sign a petition urging the government to give bookshops the same business rate discount as pubs. Continue reading at The Bookseller
[ The Bookseller | 2018-06-21 00:00:00 UTC ]
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The manager of Edinburgh retailer Golden Hare Books has hit out at Waterstones’ plans to open an unbranded store nearby. Continue reading at The Bookseller
[ The Bookseller | 2018-05-16 00:00:00 UTC ]
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The Chancellor’s decision to bring business rates revaluations forward by a year is akin to “putting a plaster on a gunshot wound”, according to retail expert John Webber. Continue reading at The Bookseller
[ The Bookseller | 2018-03-14 00:00:00 UTC ]
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The Booksellers Association is to urge the government to grant bookshops a discount on their business rates, arguing that they are cultural entities which provide "huge benefits" to their communities. Continue reading at The Bookseller
[ The Bookseller | 2017-12-23 00:00:00 UTC ]
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Chancellor Philip Hammond could be set to scrap plans to raise business rates by 3.9% next April. Continue reading at The Bookseller
[ The Bookseller | 2017-11-07 00:00:00 UTC ]
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The Booksellers Association has called for delays in financial support to bookshops to be addressed "urgently" after it has emerged many small businesses are still waiting for help with soaring business rates. Continue reading at The Bookseller
[ The Bookseller | 2017-05-31 00:00:00 UTC ]
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Chancellor Philip Hammond has partially bowed to pressure from retailers to tackle “crippling” business rate hikes in April with three measures aimed at relief, equating to £435m a year cut. Continue reading at The Bookseller
[ The Bookseller | 2017-03-09 00:00:00 UTC ]
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Waterstones m.d. James Daunt yesterday (2nd March) emphasised the necessity of giving power to individual store managers in bookshop chains, calling the "crushing" consistency exemplified by chain stores like W H Smith "god awful". Continue reading at The Bookseller
[ The Bookseller | 2017-03-04 00:00:00 UTC ]
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Waterstones m.d. James Daunt has told The Bookseller he has received “endless” emails from members of the public urging the chain to open unbranded shops in their towns and cities, after the existence of such stores was recently highlighted in the press. Continue reading at The Bookseller
[ The Bookseller | 2017-03-02 00:00:00 UTC ]
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Amazon, best known for demolishing the bookstore industry by selling books online, celebrated the opening of its first physical bookstore in the state. The Amazon Books at the Legacy Place shopping center in Dedham is the e-commerce giant's fourth physical store. The other three are in... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2017-03-01 00:00:00 UTC ]
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The shadow business secretary has criticised the government's handling of business rates, branding the changes set to take effect in April "a ticking time bomb", ahead of a Labour emergency roundtable due to take place today (Monday 27th February). Continue reading at The Bookseller
[ The Bookseller | 2017-02-28 00:00:00 UTC ]
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The Dedham, Mass., bookstore, which opened yesterday, is the first of the e-tailer's physical stores to feature a cafe. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-02-28 00:00:00 UTC ]
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The Treasury has hit back at so-called "scaremongering" reports, reassuring businesses that the vast majority will see no change to their business rate bills in April. Continue reading at The Bookseller
[ The Bookseller | 2017-02-17 00:00:00 UTC ]
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Author Jeanette Winterson has said she fears a "species wipe out" of small independent shops in London in the wake of the business rates re-evaluation set to come in April. Continue reading at The Bookseller
[ The Bookseller | 2017-01-25 00:00:00 UTC ]
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