Post-Budget Webinar

Join BRC economists and Forvis Mazars to explore what the Chancellor’s latest Budget means for UK retailers. The session explored the impact on business rates, employment and energy costs, and what these pressures could mean for prices, hiring and the retail outlook into 2027.

10 November 20263 Minute Read

The Chancellor delivered his first Budget on 28 October, cutting his fiscal headroom from around £24 billion to £15 billion against a backdrop of elevated borrowing costs and an energy market still disrupted by events in the Gulf. For retailers, the headline measures, including a higher small business rates relief threshold and a real-terms freeze on rates, sit alongside a 3.5% rise in business rates next April for larger stores and continued pressure from employment and energy costs.

Join Mohammed Chaudhri, Chief Economist and Director of Market Intelligence at the BRC, Harvir Dhillon, Lead Economist at the BRC, and Claire Cowen, Tax Partner at Forvis Mazars, as they unpack what the Budget means for the economy and for retailers’ cost bases, what it may mean for prices and hiring into 2027, and what the BRC will be pressing for next.

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