Co-op warns that thousands of shops could be set to close

UK high street bloodbath as 150,000 jobs at risk in 'critical moment' warning - Daily Star

The Co-op has warned that 60,000 small shops and 150,000 jobs could be lost without business rates reform in next month's Autumn Budget

Co-op warns that thousands of shops could be set to close

The move would mean the loss of 150,000 jobs

Co-op warns 150k jobs at risk without urgent business rates reform

The retailer is calling for the Autumn Budget to include a meaningful long-term reduction in rate bills, with 77% of small high street shop owners in England saying a reform is essential for survival.

Autumn Budget: Rising business rates could cost 150,000 jobs

Business rates could pose a threat to 60,000 small businesses and 150,000 jobs, data finds.

Co-op warns 60,000 small shops and 150,000 jobs at risk without urgent business rates relief

The Co-op has warned that Britain’s high streets face a tipping point, with new research revealing that 60,000 small shops and 150,000 jobs could vanish without urgent reform of the business rates system. The warning comes ahead of the Autumn Budget and follows YouGov research commissioned by the Co-op showing that seven in ten Britons (69%) doubt the Government will deliver meaningful rates relief, despite repeated promises in recent years. The…

150,000 retail jobs at risk without business rate reform, Co-op warns

Around 60,000 small shops and 150,000 jobs could disappear without business rates reform, according to new research from Co-op. If reforms are not delivered, 10% of small high street business owners say they would need to lay off staff, and one in eight say they would be at risk of closure. Furthermore, 77% of small high street shop owners say business rates reform is essential for survival. Alongside this, 77% back an online retail tax to level…