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Issue:- Saturday, 05 September 2015

Decathlon City of Salford 10K

THE Decathlon City of Salford 10K race, which is set to welcome more than 3,500 runners, starts and finishes at the plaza area between the Lowry Theatre and Lowry Outlet Mall before following a route through Media City UK and over to Trafford Park.  Reubens Retreat, the Greater Manchester charity set up to support seriously ill children and their families, is this year's official charity partner. Runners can also raise money for their chosen charity. Europe's leading sportswear and equipment retailer, Decathlon, has announced that it will be the Official Title Sponsor. The 1st 3 people over the finish line will win a cash prize; £250 for the winner, £150 for 2nd place and £75 for 2rd place. The run also includes chip timing, a medal and commemorative technical t-shirt given to all finishers. Car parking is available on the day at MediaCityUK car park and the Lowry. Please note, trams will be out of action on race day, but a replacement bus service will be operating.   For more information visit:- SportsToursInternational.Co.UK.

2017 Countdown – Retailer Winners from Rating Revaluation

ON  1 September 2015,  Colliers International's independent research reveals the nation's top regional anticipated 'winners' for the retail industry when the new rateable values are introduced on 1 April 2017, resulting in a substantial shift for the industry.

With so many businesses closing in the Town Centre it might come as a shock that Southport is amongst the top 20 Towns across the UK, to be listed as benefiting from the new rateable values!  The research says that Southport is to expect a reduction in business rates of 41%.  Other Towns in the North West to benefit from reduced values include Rochdale (-40.20%), Crewe (-37.90%), Stockport (-35.41%), Ashton-under-Lyne (-35.41%), Oldham (-33.36%), Stretford (-32.30%), Barrow-in-Furness (-31.11%), Northwich (-29.41%), Warrington (-16.82%) and Manchester City (-17%).  But will this good news bring back business to our failing Town Center?

In Merseyside, the Top Towns to benefit from reduced rateable values in retail include, not only Southport with a -41% reduction, but also:- St Helens (-38%), Birkenhead (-36%), Bootle (-29%), Liverpool (-17%) and Ellesmere Port (-10%).

Colliers' comprehensive research examines 421 centres surveyed by the company and compares the results with the Valuation Office Agency (VOA's) current values. These findings are based on the prime locations in these retail centres.

Top 20 Retail Towns to benefit from the 2017 Revaluation include:-

Town Region Decrease
Port Talbot Wales -63.51%
Tamworth West Midlands -55.84%
Neath Wales -55.67%
Newport Wales -52.00%
Ealing Greater London -46.18%
Torquay South West -44.80%
Pontypridd Wales -43.84%
Dewsbury Yorkshire Humberside -42.59%
Llanelli Wales -42.12%
Kidderminster West Midlands -42.04%
Bromsgrove West Midlands -42.04%
Stockton-on-Tees  North East -42.04%
Dover South East -41.28%
Scunthorpe Yorkshire Humberside -41.28%
South Shields North East -41.28%
Southport Merseyside -41%
Lowestoft East -40.61%
Bridgend Wales -40.20%
Llandudno Wales -40.20%
Keighley Yorkshire Humberside -40.20%

Adam Burke, Director in Colliers International's Manchester Rating team, commented:- "The regional retailers are finally seeing relief on the horizon from the values taken on 1 April 2015 coming into effect on 1 April 2017.  The huge swing in values is due to the Government postponing the revaluation, which was meant to commence this year, so instead of having a 5 year cycle we now have a seven year cycle. This long delay in revaluation is like stretching a rubber band, which when it snaps has a significant impact. The effect is evident that we need shorter revaluation cycles, perhaps of about 3 years, in order to capture the rapidly changes relative values."

Extra information and stats:-

 Top 10 London areas where rateable values are anticipated to decrease include Ealing (-46%), Ilford (-38%), Enfield (-35%), Harrow (-34%), Barking (-30%), Sutton (-19%), Fleet Street (-13%), Tottenham Court Road (-12%), Hounslow (-10%) and Bexleyheath (-5%).

►  The South East*, excluding London, also showed rateable value decreases in:- Dover (-41%), Gravesend (-35%), Worthing (-32%), Fareham (-28%) and Chatham (-24%).

►  Wales' Top 10 Towns to benefit from reduced rateable values in retail include:- Newport (-80%), Port Talbot (-64%), Neath (-56%), Pontypridd (-44%), Llanelli (-42%), Bridgend (-40%), Llandudno (-40%), Merthyr Tydfil (-34%), Haverfordwest (-28%) and Wrexham (-28%).

►  The South West the top 10 Towns to benefit from reduced rateable values in retail include:- Torquay (-45%), Gloucester (-39%), Yeovil (-34%), Bournemouth (-30%), Swindon (-28%), St Austell (-28%), Weston-Super-Mare (-28%), Taunton (-25%), Penzance (-22%) and Christchurch (-18/%).

►  West Midlands' top 10 Towns to benefit from reduced rateable values in retail include:- Tamworth (-56%), Kidderminster (-42%), Bromsgrove (-42%), Northfield (-34%), Kings Heath (-34%), Halesowen (-1%), Rugby (-31%), Newcastle-under-Lyme (-22%), Nuneaton (-21%) and West Bromwich (-19%).

►  In Yorkshire Humberside, the top Towns to benefit from reduced rateable values in retail include Dewsbury (-43%), Scunthorpe (-41%), Keighley (-40%), Sheffield (-24%), Bradford (-23%), Rotherham (-19%) and Grimsby (-17%).

North East's top 10 Towns to benefit from reduced rateable values in retail include:- Stockton-on-Tees (-42.04%), South Shields (-41.28%), Redcar (-38.49%), North Shields (-37.21%), Middlesbrough (-36.90%), Whitley Bay (-36.68%), Hartlepool (-34.91%), Peterlee (-33.76%), Newcastle Upon Tyne (-24.65%) and Berwick-upon-Tweed  (-15.75%).

In the Eastern* region, the top Towns to benefit from reduced rateable values in retail include:- Lowestoft (-40.61%), Hemel Hempstead  (-39.45%), Southend-on-Sea  (-39.16%), Waltham Cross (-37.21%), Great Yarmouth (-35.41%), Stevenage (-33.82%), Kings Lynn (-25.76%) and Dunstable (-24.90%).

Consultation over late night levy

LIVERPOOL City Council's Licensing Committee meets, on Tuesday, 8 September 20125, to consider starting a consultation over the introduction of a late night levy for bars, clubs and pubs.  Under the proposed scheme, all licensed premises or clubs that supply alcohol after midnight would be required to pay an annual charge to offset the cost of the night time economy.  Merseyside Police; who are backing the move; estimate it costs around £540,000 to cover the City Centre between midnight and 6am, although this doubles to £1 million when taking into account other units that have to respond to incidents.  The levy is based on current licensed premises in the City and, assuming the period it is applied is from midnight until 6:00am, would affect approximately 800 premises, with the costs varying dependent upon the rateable value of the premises.   The consultation is suggesting that the vast majority; round 700; could pay between £299 and £1259 per year, with 20 paying the highest rate of £4,440 per year. However, the figures are just indicative and are subject to change following the outcome of the formal consultation process.   Councillor Emily Spurrell, Mayoral Lead for Community Safety, said:- "Liverpool is a vibrant and safe City and its night time economy is enjoyed by hundreds of thousands of people every week.  Obviously this all comes at a cost arising from the minority of people who cause crime and disorder, and the money raised from the late night levy would be used to help offset this.  We know that our community safety partners are supportive of the introduction of a levy, so what we are doing now is going out to consultation on a proposal."  A total of 70% of the money would go to the Merseyside Police and Crime Commissioner with the money used to fund additional staff at weekends, funding specific operations and assist with 'designing out' crime. The remainder would go to the City Council to support night time economy initiatives. Councillor Steve Munby, Cabinet member for licensing, said:- "It is important to note that if we decide to proceed with the consultation, it is just the very start of the process. No decision will be made until we have completed the consultation and assessed all of the feedback and it is possible that the proposal will change dependent upon the responses that we receive."  Consultation will start in September 2015, with a decision on whether to implement it made in January 2016. If the go ahead is given, it would be introduced from June 2016.  The Licensing Committee meeting takes place at Liverpool Town Hall on Tuesday, 8 September 2015, at 10am.

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