News

  • Good news for house of fraser as sports direct boss strike a £90 million deal to save jobs.

    8th September 2018

    After House of Fraser had no choice but to appoint administrators, Mike Ashley’s Sports Direct has struck a deal to buy the company out of administration for £90 million, acquiring all of the UK House of Fraser stores, the brand and all of the stock in the business. The Chinese owner of Hamleys, C.banner, was […]

  • Shock as Manchester’s most Famous Brand “Henry-Lloyd” Appointed Administrators

    5th August 2018

    Henri-Lloyd was appointed administrators on 08/06/2018, giving the reason to be as a result of the High Street’s challenging trading conditions. The company was established in 1963 in Manchester, and is a well known brand and retailer specialising in clothing within the sailing and lifestyle market. Despite the sale of five stores which secures more […]

  • What you should know since the check challenge appeal process came into force in april 2017

    6th July 2018

    Check challenge appeal The number of companies challenging their rateable value set by the Government’s Valuation Office Agency, and thus their business rates payable to the local borough councils, has plummeted in recent times, new figures show. By the third quarter of 2010 there were 182,000 appeals by companies in England contesting their rateable value, […]

  • Supermarket chain boss blame government ministers for the increase collapse in the retail sector.

    28th June 2018

    Dave Lewis, the chief executive of Britain’s biggest supermarket Tesco, has said that increasing business rates has played a large part in the collapse of some retailers. He added that the biggest tax that Tesco has had to pay is business rates, adding up to more than £700 million per year. Mr Lewis blamed ministers […]

  • Business rates increases causes big chain closure’s up and down the UK

    6th June 2018

    As of April 2017, there was a major revaluation by the Government, seeing some bills go up and others go down. They estimated that 510,000 businesses were going to see an increase in their business rates. Due to the rise in business rates for a lot of businesses, the Federation of Small Businesses has warned […]

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