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Retail NI Reaction To Chancellor’s Statement & NI Finance Minister’s £100 million Rates Package

Reacting to the support for business announcements  by the Chancellor and Finance Minister, Retail NI Chief Executive Glyn Roberts said:

“Retail NI is very clear -Northern Ireland small businesses need the same deal as the Chancellor has outlined in his statement. Our members are dealing with the same crisis and deserve the same support from Government in relation to Business Rates relief”

“The package from the Finance Minister needs to go a lot further than just exempting business rates for three months. The Chancellor has given small business a rates holiday of a year in England and this needs to happen in Northern Ireland”

“Minister Murphy also needs to outline how much the Regional Rate will be reduced by”

“We also need urgent clarification as to whether the funding grants outlined by the Chancellor for small businesses of £10k-£25k apply in Northern Ireland” 

“While we accept the Finance Minister’s rates package is an initial first step, we want the Executive to do much, much more to support business throughout this crisis”

“Northern Ireland businesses will rightly be asking the question as to why they are being treated differently to their counterparts elsewhere in the UK”

 

Glyn Roberts 07515710517