In This Issue
Innovative pet products wanted for new TV series
Feeding dogs and cats with delicate digestion or sensitive skin
Pet product entrepreneur wins national exporter award
Marion Stinton retires after 37 years in the pet trade
Two pet products in Christmas Bestsellers list
Stick on Strauss to soothe a dog's stress during fireworks
Keeping pets calm and raising money for charity
Unipet named winner of business award
Dogs can increase chances of finding love
Get your own copy of Pet Trade Xtra
Westland acquires Gardman Group
Shortlist announced for Pet Industry Federation Awards
Blue Cross urges government to act on dangerous dog report
PFMA welcomes four new companies into membership
Cotswold RAW Puppy, the perfect feast for inquisitive dogs
New figures will mean £180m business rates hit for retailers
The best of the previous Pet Trade Xtra
Change at the top for Pets at Home
Pet product is a 2018 Christmas bestseller...already!
Over half of UK pet care buyers would rather cut back spending on themselves than on their pet
CONTACT US NOW
Find out how Pet Trade Xtra can help to promote your business and products.

If you have a story for Pet Trade Xtra contact neil.pope@tgcmc.co.uk for all editorial matters.



Email ben.greenwood@tgcmc.co.uk to discuss advertising and sponsorship opportunities.
New figures will mean £180m business rates hit for retailers
 

The latest Consumer Price Index figures from the Office for National Statistics published yesterday (Wednesday), reveals that inflation in September stood at 2.4%.

 

This figure is used to calculate the business rates multiplier for the next financial year, meaning retailers will face an extra £180 million on their annual business rates bill from April.

 

The retail industry makes up 5% of the economy (Gross Value Added), pays 10% of business taxation and pays a quarter of the business rates bill, £7 billion per annum.

 

Helen Dickinson, Chief Executive of the British Retail Consortium, said: “These figures confirm that the retail industry, which is under significant pressure from public policy and a consumer and technology-led transformation, will face yet another eye-watering rise in business rates next April.

 

"The burden of the current business rates system, which is in urgent need of reform, is leading to store closures and hindering the successful reinvention of the retail industry.

 

“Ministers need to act to address this £180 million increase in retailers’ already unsustainable business rates bill, along with other public policy burdens which retailers are struggling to absorb the cost of.

 

“We need a freeze in the business rates multiplier until the next revaluation to help save shops, protect jobs, and future-proof retail, and to give the Government time to work with industry to reform the business tax system and make it fit for purpose in the 21st century.”

Facebook Twitter LinkedIn