UK GDP report expected to show economy slowed in July – business live - short news
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While we wait for the UK report….some of Britain’s biggest retailers are warning this morning that 400 large-format stores could close if the government forces large shops into its proposed higher business rates tax band.
The British Retail Consortium has calculated that there are 4,000 large-format retail stores with a rateable value of over £500,000, and estimated that one in 10 could be shut if they face higher..
source: The Guardian - 12.09.2025