Monday, August 8, 2022

Tag: Helen Dickinson

As inflation squeezes discretionary spend it’s bad news for the leisure and hospitality sector

inflation hospitality leisure British Retail Consortium
4 in 10 households say that their spending is being constrained by increases in energy, travel and both food and non-food retail. Reduced discretionary spend moving forward does not augur well for hospitality.

British Retail Consortium urges Treasury to reduce business rates burden

tax British Retail Consortium budget call
New report shows damaging impact of ‘shops tax’ on the levelling up agenda predicting further shop closures and job losses across the country. Time has run out for the restrictive business rates tax regime.

Low point for high street: One in seven shops shuttered with vacancies at a record high

UK High Street low point British Retail Consortium
The size of the challenge facing businesses on the high street has been put into sharp focus following the latest data-set published by the British Retail Consortium (BRC).

Budget 2021 response – part 3

Budget 2021 response - Admiral AGC
The global giant Open earlier and clarify state aid limits, otherwise our high streets will be damaged not protected ZANE MERSICH CEO NOVOMATIC UK LIMITED Novomatic UK CEO Zane Mersich argues that the industry continues to be forgotten when it comes to the decision making process and that it’s imperative the operator’s venues are allowed to open with the rest of the high...

Retail in turmoil as footfall for January declines by 78 percent

Retail High Street turmoil
The size of the task facing businesses reliant on high street footfall, including pubs and AGCs, has been put into stark relief based on the latest research findings from the British Retail Consortium (BRC).

Rents, Rates and Re-opening: The three Rs that government needs to learn if the high street is to recover

high street retailers fear lockdown
With footfall for the first week of November plummeting by 75 percent year on year, businesses that rely on a healthy high street including pubs, AGCs and bingo halls are praying for a timely end to lockdown. Last week 61 CEOs warned of the scale of the problem in a letter to The Times.

High street retailers warn of Nightmare November with £1.6bn a week meltdown in lost sales

Shuttered high street retailers lockdown retail
British retail is facing a ‘bloodbath’ as sales crumble and high street venues shutter. Are you listening Boris Johnson?