Including business rates are the front stop that retailers open new companies for the high streets of revitalization Britain, says a top shop cheese.
He said that his Tesside -based company was now 'more distinctive' about adding its 160 branches due to higher costs, even if it made a record of £ 11.4 million profit last year.
He said: 'If you want lively head streets, you need people who want to open stores [but] There is no encouragement. '
Neither labor nor the Tory governments before them have 'done something' about rates, despite the industrial railing against the property tax for decades.
“I would encourage them to do something about it, even if they turn it into a sales tax to remove the fixed costs,” said Kenyon.
“They should take a look at it, because it is a tax for companies in the Hoofdstraat.”
The company, based in Tesside, that offers pawn braces, jewelry sales and travel money, has been expanded.
Peter Kenyon, head of the pawn store chain, planned Chancellor Rachel Reeves (depicted) for not tackling the issue of revitalizing the High Streets of Great Britain
Mr Kenyon said that his company, established in Tesside was now 'more distinctive' about adding his 160 branches due to higher costs, even because it booked a record of £ 11.4 million last year
Kenyon repeated his worries like Marks & Spencer and pets at home that the changes to Reeves in the national insurance contributions of employers will damage people who need flexible, part -time jobs
But due to the rates, which can be dramatically higher in some areas, it is 'careful' over the expansion plans.
“We will open more, but we will be very distinctive about where to go,” he said in the midst of fear of mass closures.
“We look at the retailers around us to ensure that they will still be there in the coming years to put down our roots.”
Industry experts have predicted that 17,350 stores will be closed in 2025, after 13,000 stores closed their doors forever last year.
And Kenyon repeated himself from people and spencer and pets at home that her changes to the national insurance policies of employers will harm people who need flexible, part -time jobs.
