Property

Retail job losses to increase by 27,000, analysis suggests

Online retailers are having a “profound effect” on the commercial property market as the value in retail property is set…

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HMV ‘denied’ £3.35m tax lifeline before administration

Beleaguered music and film retailer, HMV, who officially fell into administration during the festive period, was denied a £3.35m government…

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MPs launch inquiry into business rates

The Treasury select committee has launched an inquiry into business rates as part of the Housing, Communities and Local Government…

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Mike Ashley’s Flannels given £125k rates relief despite £65m turnover

Mike Ashley’s high end fashion chain Flannels has been handed £125,000 in business rates “help” by a local council amid…

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Retailers could lose out on £496m refund as ATM ruling is appealed

In November, the Court of Appeal ruled that ATMs inside and outside of stores should not be assessed for business…

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Government clarifies details of new business rates relief

The Ministry of Housing, Communities and Local Government (MHCLG) has published guidance on the details of how business rates discounts…

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Hammerson completes £236m Highcross sale

Hammerson has completed the sale of its 50% stake in Highcross shopping centre in Leicester to an Asian investor introduced…

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Wyevale Garden Centres sells five sites

Wyevale Garden Centres has sold five more of its stores as it continues plans to cut back its retail portfolio…

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British Land records £42m net loss as retail market ‘remains challenging’

British Land has reported a net loss of £42m in the first half of the year, attributed to the “challenging”…

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House of Fraser could see ‘significant’ number of further store closures

House of Fraser is set for a “significant” number of further store closures after landlords reportedly refused to agree to…

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