Retail chiefs have urged the Scottish Government to accelerate their planned reevaluation of the business rates that have hammered north and north-east firms.
Scottish Retail Consortium
Scotland’s retailers yesterday attempted to persuade Holyrood politicians to break their budget deadlock by warning that failure to pass the £33billion package would cause economic damage.
North-east firms must fork out £8million more in large business rate supplements because they are located in Scotland, while Highland firms will pay £3million more, new analysis by the Scottish Retail Consortium (SRC) shows.
The Scottish Retail Consortium (SRC) said yesterday John Brodie was to become its new chairman, with effect from January 1.
Only Aberdeen and Aberdeenshire councils are using powers introduced two years ago enabling Scotland’s 32 local authorities to cut business rates, according to the Scottish Retail Consortium (SRC).
A retailers’ trade association is calling for measures to be put in place in the Scottish Government’s upcoming Budget which will support consumer spending and help lift private sector investment.
The stark “Closing Down Sale” sign spelled out in huge letters on sheets of paper blocking out the windows of Third Brothers furniture store will have come as a shock to many.
Rising fuel and food prices pushed inflation beyond the Bank of England's 2% target in February to hit its highest level since September 2013.
Businesses with larger premises across Aberdeen city and shire must stump up an extra £15.4million on top of their normal business rates in the next tax year.
Shoppers in Scotland have continued to enjoy falling prices, but growing cost pressures are likely to feed through to the tills, the Scottish Retail Consortium (SRC) has warned.
Scottish Retail Consortium (SRC) director David Lonsdale believes there has never been a better time for Scottish shoppers.
Business rate rule changes introduced in Scotland tomorrow could see industrial property owners choose to demolish vacant buildings rather than pay up, an expert said yesterday.
The Scottish Government has appointed a supremo to lead a review into business rates north of the border after George Osborne revealed a major reform of the system in England and Wales in this week’s Budget.
Scottish retailers have enjoyed a better start to 2016 in terms of footfall numbers – the total number of shoppers – than a year ago, industry figures show.
More than 3,500 jobs were shed across UK retailing this year as Britain’s lacklustre economic growth failed to boost shopping, industry figures show.
The number of shoppers visiting Scottish stores have slipped to the worst monthly figure since January.
A move to reform business rates in England could put Scotland at a competitive disadvantage, a trade body has warned.
The consensus was that the figures contained in the Government Expenditure and Revenue Scotland (Gers) report were a warning about the future.
The effects of "Black Friday" discounting were laid bare yesterday as like-for-like sales in the key month of December fell in Scotland, new figures show.
A row erupted last night after the Scottish Government dismissed the Smith Commission recommendations as falling "well short" of what was expected.
Nicola Sturgeon's programme for government over the next 12 months was broadly welcomed.
Scottish business organisations have called for the new devolution settlement to concentrate on boosting business and growth.
The number of empty shops in Scotland has declined as shoppers boosted retailers' expectations by hitting the high street over Easter.