Mike Ashley’s Frasers Group, formerly Sports Direct, said it would reassess the viability of some of its stores following a British government decision to delay the next business rates valuation until 2023.
PrettyLittleThing has submitted a planning application to expand its existing headquarters in Manchester in a move that puts its previous plans of relocating into new premises into question.
The owner of Covent Garden revealed on Tuesday that the value of the Central London destination has declined by £400 million over the past six months.
The UK government’s latest decision to postpone its business rates revaluation once more has been criticised by property specialists who have repeated their calls for fundamental reform of the system of property taxes.
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