The lobbying group, which was launched in January, is asking on the federal government to take motion to keep away from retailer closures and job losses.
Key suggestions embrace conducting a full evaluation of the proposed multiplier will increase and freezing any hike within the excessiveer multiplier till 2027/28.
Underneath the federal government’s proposals, properties with a rateable worth of greater than £500,000 might be topic to a enterprise charges multiplier as much as 10p greater than the present levy.
This may place “a disproportionate burden” on bodily flagship excessive avenue areas in cities resembling Birmingham, Bristol, Liverpool and London, stated Excessive Streets UK, which represents over 5,000 companies.
Different coverage suggestions embrace extending Empty Property Reduction from three months to 6 months and introducing transitional reduction for companies with the next multiplier after the 2026 revaluation.
Dee Corsi, chair of Excessive Streets UK, stated: “Flagship excessive streets are the financial and social anchors of our cities – they create jobs, drive native and nationwide development, and function important hubs for communities. In case you put these bigger shops in danger, the impression can be felt throughout the complete excessive avenue.
“As a collective voice for these excessive streets, Excessive Streets UK is asking on the federal government to take pressing motion to safeguard their future, guaranteeing our metropolis centres stay dynamic, aggressive, and resilient.”
