In January 2016, total Scottish sales decreased by 3.8% compared with January 2015, when they had declined by 2.3%. This is the weakest Store performance since April 2012, but follows the best performance since January 2014 in the prior month. Like-for-like sales decreased by 4.0% on last January, when they had decreased by 3.1%. Adjusted…
In December 2015, total Scottish sales decreased by 0.2% compared with December 2014, when they had declined by 1.8%. This is the best performance since January 2014, excluding Easter distortions. Like-for-like sales decreased by 0.4% on last December, when they had decreased by 2.6%. Adjusted for deflation measured by the BRC-Nielsen Shop Price Index (SPI),…
LONDON, 2015-10-29 — /EPR Retail News/ — Responding to the publication by the Northern Ireland Executive of a consultation paper reviewing business rates in Northern Ireland, the Director of the Scottish Retail Consortium, David Lonsdale, said:
"Just as in Northern Ireland, the £2.8 billion Scottish system of business rates is not fit for purpose, disincentivises investment and has…
LONDON, 2015-8-27— /EPR Retail News/ — Scotland's retail industry is seeking to concentrate the minds of policy makers and politicians on lifting the country's economic growth and productivity ahead of the 2016 Holyrood election, through unveiling plans for an overhaul of business taxation.
Launching the first in a series of election policy papers (‘Holyrood 2016: Business…
LONDON, 2015-6-15 — /EPR Retail News/ — The SRC has submitted a written response to the Commission on Local Tax Reform. The SRC is ‘open' to council tax being replaced or reformed but wants to see any major changes or alternative system underpinned by support for consumer confidence and subject to a robust and convincing…