Retail NI, Chief Executive, Glyn Roberts said today:
“While the support given to businesses by the Executive is very welcome, much more needs to be done to target those companies that are struggling the most during this crisis. Retail NI wants to see a ‘triage approach’ adopted by the Executive.”
“The £10K and £25k small business grants need to be altered to support those companies with multiple premises rather than just a single payment.”
“This change would support front line independent retailers who have more than one store, continue to provide food and other essential products to consumers. It would also assist those independent retailers who have had to close their doors during this crisis.”
He added:
“The Executive needs to go further on business rates relief and extend the current three months to twelve months in line with the rest of the UK. Again, we believe this should be targeted to businesses that need urgent assistance.”
“Health is the top priority but we need to ensure that we limit the damage done to our economy and provide jobs when this crisis subsides.”
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