Retail NI Urge Extension Of Business Rates Holiday Until 2023

Retail NI Chief Executive Glyn Roberts said:

“We are no longer just experiencing a cost-of-living crisis-it is also a cost of doing business crisis which threatens jobs and businesses across every sector of our economy. Businesses are facing a perfect storm of cost increases including Energy, National Insurance, Inflation, Covid Recovery, and rising Interest rates”

“With the Business Rates holiday ending in July for many of our members, we are concerned that this will make a bad situation even worse”

“After next week’s election we need to see the political parties hit the ground running with immediate discussions to form an Executive and agree a business support package. This must include an extension of the current Rates Holiday until January to help ease the burden on businesses”

“Make no mistake this is about saving jobs and businesses over the next months. We need immediate action and leadership from our political parties”