ALMR demand government action to tackle rising business rates

Claire Dodd

Claire Dodd

22 November 2016

The Association of Licensed Multiple Retailers (ALMR) is demanding the government take action in its Autumn Statement due tomorrow, to tackle rising business rates.

The trade body has also called for: the resumption of high street retail relief; a minimum of two years transitional relief to offset increased business rates bills; the abolition of National Insurance Contributions for under-25s; and a delay in the introduction of the Apprenticeship Levy.

It also called for future National Living Wage rates to be set independently by the Low Pay Commission, to reflect current economic circumstances, and a suspension of any increase in April.

ALMR Chief Executive Kate Nicholls said: 'This is a time of economic and political instability and costs, predominantly business rates increases, continue to constrain businesses growth and risk investment in our sector.

'The country is facing a huge amount of uncertainty following the EU referendum which may be exacerbated following the triggering of Article 50. Uncertainty undermines confidence and that undermines investment and growth.

With this in mind, and with rising business rates costs continuing to eat into margins, the Government must take action to reduce costs and encourage continued investment. Business rates have long been an area of concern and it is well past time that the Government took action to ensure that businesses remain competitive and that businesses have the capacity to invest, support jobs and grow.'

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