Flourishing high streets are vital to local communities

Commenting on the High Street Review launched today (Tuesday) by Mary Portas, Maresa Molloy, Head of Policy at the Liverpool Chambers of Commerce (BCC), said:

"Businesses play an important part in local communities, and the high street is no different. Here in Liverpool the high street provides important services, jobs and economic vitality for many areas across the city. If our retail businesses are able to expand and develop their premises more easily, and attract more customers, then they can only help the city to flourish, and in turn contribute to the recovery.

The immediate concern of the Chamber is the damage the 5.6% increase in rates planned for April is likely to have on the retail sector. Business rates are a significant barrier for many businesses, and could damage a high street already squeezed by a fall in consumer spending.

We support Mary Portas' call for councils to use discretion when applying business rates, particularly for start up companies. If the government wants to see businesses flourish and create much-needed economic growth, it must go further and reduce the punishing, anti-growth rate rise facing all businesses in 2012."

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