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The Northern Ireland Independent Retail Trade Association (NIIRTA) has urged the newly appointed Executive Ministers to quickly publish a radical pro-business Programme for Government.

NIIRTA, which represents over 1600 members, was the only local business organisation to publish its on Programme for Government, which has 97 policy priorities for all nine Executive offices.

NIIRTA Chief Executive, Glyn Roberts said:

One of Banbridge’s largest independent retailers is to close within the next month citing the impact of the new out-of-town Tesco Hypermarket and a 30% increase in his rates bill after the recent revaluation. It had been in administration over the past six months.

The Supervalu store, whose previous owner was a NIIRTA member, has a Post Office and is a major footfall driver in Banbridge town centre for other traders.

NIIRTA Chief Executive Glyn Roberts said:

The Northern Ireland Independent Retail Trade Association (NIIRTA) has described BHS going into administration as a sad day for the High Street.

NIIRTA Chief Executive Glyn Roberts said:

“This is a sad day for the retail sector and the high street as a whole. The potential closure of the four local BHS stores will not just have an impact on their staff but also result in less footfall for surrounding retailers”

There are many factors which will play into the final decisions that voters make in the fast-approaching EU referendum, but the impact on jobs, the economy and living standards in Northern Ireland will play an important role for many people.

The CBI together with representatives of the agri-food sector (NIFDA) and retail sector (NIIRTA) believe that staying in the European Union is in the best interests of the economy, investment, jobs and living standards.

The Northern Ireland Independent Retail Trade Association (NIIRTA) has expressed concern that many local small traders will struggle to afford the National Living Wage, which is being introduced tomorrow.

 NIIRTA Chief Executive Glyn Roberts said:

The Northern Ireland Independent Retail Trade Association (NIIRTA) has welcomed the publication by DETI Minister Jonathan Bell of ‘Better Regulation: An Action Plan For Reform’ to address the problem of Red Tape on business owners.

NIIRTA Chief Executive Glyn Roberts said: 

“This Action Plan is to be welcomed as it sets out a clear road map to address the ongoing burden of red tape on our members”

The Northern Ireland Independent Retail Trade Association (NIIRTA) has described as ‘welcome news for shoppers’ that Bus and Rail Fares are to be frozen for the rest of 2016.

NIIRTA Chief Executive Glyn Roberts said:

“This is a positive announcement by the DRD which will be welcomed by shoppers who use bus or rail services to and from our town and city centres”

“It is important for our retail sector that we have accessible and affordable public transport and hope this fare freeze will encourage more shoppers to use the bus or train”

 

From 6 April 2016, under the Tobacco Retailers Act (Northern Ireland) 2014, all retailers of tobacco products in Northern Ireland must be registered.

The new legislation is just one of a range of measures being introduced in order to reduce smoking prevalence amongst children and young people.

A snapshot survey of the membership of Hospitality Ulster has uncovered that the hospitality sector in Northern Ireland is expected to lose up to £16 million in potential revenue over the Easter period.

The survey, which was conducted in partnership with accountancy firm BDO Northern Ireland, demonstrates a significant loss of revenue across pubs, hotels and restaurants during the Easter weekend. The stark findings highlight the impact of our out of date liquor licensing laws at a time when the industry needs to be supported.  

Finance Minister Mervyn Storey and Social Development Minister Lord Morrow today sought views on alternatives to the Small Business Rate Relief Scheme.

The Department of Finance and Personnel commissioned the Ulster University’s Economic Policy Centre (UUEPC) to undertake an evaluation of the Small Business Rate Relief (SBRR) scheme, which was introduced in 2014 at the time of the economic downturn.

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