Retail NI has welcomed the £50m business rates package announced today by the Finance Minister, Conor Murphy
The Minister met with Retail NI CEO Glyn Roberts at Two Sisters Deli in South Belfast to highlight the package.
Retail NI Chief Executive Glyn Roberts said:
“This is a very welcome package of support for our members and the broader business community. We appreciate that the Minister has listened and acted upon the concerns of our members”
“Continuing the Rates holiday by another 3 months and extending the Small Business Rate Relief scheme will be well received by small traders particularly given the twin pressures of rising energy costs and the forthcoming National Insurance hike”
“After the Election it is important that the Assembly and Executive agree a broader reform of the entire system of business rates as they are the highest in the UK”
“This package is a significant step in the right direction but much more will be needed to support the recovery of our high streets”
