Empty commercial buildings costing the taxpayer dearly

EMPTY commercial buildings are costing the tax payer and the costs are rising. That is the claim according to information gathered by the BBC’s Shared Data Unit. At present empty shops, offices and warehouses do not have to pay business rates for three months. Business rates are a tax on Continue Reading

Residents and traders quiz leaders about infamous Swansea street

MORE CCTV coverage of Swansea’s High Street could be considered, a public meeting was told, but the authorities are determined not to displace problems elsewhere. Council leader Rob Stewart was asked about CCTV coverage at a meeting about the multi-agency work which is happening to improve the street. Cllr Stewart Continue Reading

61-year-old charged with GBH following High Street assault

OFFICERS in Swansea investigating a serious assault that took place in High Street on Thursday 18th July have charged a man. Colin Thomas Payne, aged 61, from Swansea has been charged with causing grievous bodily harm. He has been remanded in custody and will appear in Swansea Crown Court on Continue Reading

High Street ‘doom and gloom’ continues as M&S set to close 110 stores

THE retailer M&S is set to close another 110 stores after profits reportedly fell by nearly 10% to £523.2 million in 2019. M&S has been trading for 130 years and joins the growing number of victims on the High Street and in shopping Malls having to cull their business as Continue Reading

Wales based Debenhams stores spared the axe as twenty-two stores look set to close

Debenhams stores based in Wales have been spared the axe temporarily as the giant retailer launches its Company Voluntary Arrangement (CVA), which will see at least 22 of its underperforming stores close by 2020 placing 1200 jobs at risk. Debenhams is now in the hands of  its secured lenders after Continue Reading

What next for Debenhams?

THE retail giant Debenhams is now in the hands of  its secured lenders after administrators were appointed to handle the sale of the business to a newly incorporated company. The secured lenders are reportedly made up of a mixture of banks and US hedge funds.  Shares held in the company Continue Reading

Councillors hear about the ‘two faces’ of Swansea High Street’

SWANSEA councillors heard more about High Street’s two faces at a meeting in which details of a new police operation were disclosed. The scrutiny committee was told about the ongoing investment there, and the relocation of businesses to the Urban Village development. In a few months, more than 500 students Continue Reading

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