Your new post is loading...
How business rates aren't keeping up with the changes on British High Streets.
|
Scooped by Graham Watson |
Scoop.it!
No comment yet.
Sign up to comment
This BBC article is the clearest illustration I've come across as to why the current system of business rates isn't working. In short, the system simply isn't designed to cope with periods of decline on the High Street and a substantial fall in the rateable value of properties.
Â
Read and and see why it's inevitable that many stores are choosing to vacate premises in struggling urban areas, such as Blackpool.