‘Make business rates reform a priority’, says ALMR following Queen’s Speech
Posted in Licensing | June 21, 2017 | by Dadds LLP Solicitors
Following today’s Queen’s Speech, the Association of Licensed Multiple Retailers (ALMR) has said it is “disappointing” that there was no specific announcement on business reform rates, which the organisation says it “called on as a first day priority for the new government”.
Responding to the speech, which set out the government’s legislative agenda for the next two Parliamentary years, ALMR Chief Executive Kate Nicholls said:
“Today’s speech rightly focused on Brexit but it is nevertheless disappointing that there was no specific announcement on business rates reform.
“The current rates regime is rigged against hospitality businesses as it penalises growth and investment as higher turnover invariably leads to higher rates. We will now be looking for reassurances from ministers on a commitment to rates reform in the Budget later this year.”
In the response, the ALMR said it welcomed reassurances that businesses will be a key stakeholder in Brexit negotiations and that there will be specific bills on trade and customs which it says “are important for food and drink to ensure import costs are not increased further”.
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