DOWNPATRICK SDLP Councillor Colin McGrath voiced concern over the minister’s latest move on business rate relief, which he believes may have come to late for some, writes Anne O’Hare.

The Finance Minister, Sammy Wilson outlined his proposals during an amendment to the Rates Bill which has been passed through the Assembly. The change will provide a major incentive for getting empty shops occupied and back into business.

SDLP Councillor Colin McGrath voices his concern for small business.

Councillor McGrath said: “These are, without doubt, difficult times and businesses in our district, such as those in Downpatrick, are suffering like all others.

“This news from the Department of Finance and Personnel (DFP) is to be welcomed as it provides a range of help and assistance that was previously not in place. However, I worry that for some businesses the relief does not go far enough.

“Many comment, there are plenty of people in the shops but not enough going to the tills and it is inevitable turnover for businesses is down.

“Businesses need to see a reduction in their overall rates bill to enable them to survive these tough economic times.

I also welcome the initiative to permit empty business premises to dress their windows so a town can lose the impression that it is closed - but would warn the Minister we need initiatives that keep businesses open  - not ones that give the impression they are open.’ 

The Minister said: "I have visited a number of towns in recent months and listened carefully to what local traders have to say about the alarming decline of our urban centres.

“This move comes as a direct response to views and concerns expressed during the recent public consultation and in particular the proposal put forward by the coalition of over 31 business organisations, Chambers of Commerce and traders groups.”

The Minister added: "The Executive, in it’s Programme for Government has given a commitment to rebalance and rebuild our economy. We are committed in addressing measures that will make our towns and city centres more vibrant.

“This proposal is a brand new policy and will see Northern Ireland leading the way as it does not operate in any other part of the UK. Northern Ireland has some of the worst vacancy figures in the UK and it is important that we take immediate steps to rectify this.

“This will not solve the problem, as it is not simply the economic downturn that is causing it - with internet shopping and major superstores stocking an ever growing diversity of products, the retail industry has radically changed. We have simply too many traditional shops and many will never return to retail use.

“However, I want to give those with a future, an opportunity or a fighting chance to get back into business and help maintain the commercial and social core of our towns and cities. Targeted support with rates is a first step but other Departments have their roles to play, as this is something that needs an integrated approach.”

 “This measure is in addition to the window display concession that was part of the original package of measures proposed alongside the extension of the small business rate relief scheme and the levy on our largest shops.”

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