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Business 'at crisis' point over rates bills

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Several business organisations in Northern Ireland have written to Stormont ministers calling for support with their rates bill.

The letter says the budget has pushed the cost of doing business to "beyond crisis point" with "thousands of businesses facing an uncertain future, scaling up plans cancelled and additional employment put on hold."

The letter, which has been signed by 23 organisations, calls on the finance minister to announce "appropriate rates relief" for businesses in Northern Ireland. It said: "Some £58.2 million has been taken out of the Executive’s funding in relation to business rates."Any support provided for this purpose would need to be considered alongside other priorities with the pressures on the Executive’s finances being well documented.”

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