Small businesses reaction to today’s business rates cuts
Michelle Ovens CBE, CEO & founder of Small Business Britain, said: “It’s encouraging to see the prime minister announce business rates cuts for pubs, social clubs and live music venues, which are important anchors of our local high street. Many of the UK’s 5.7 million small businesses are based on our high streets, and this should be the start of wider support for businesses that are so vital to our local communities.
‘While the summer can provide a welcome boost for many high street businesses, it also brings additional pressures. As we head towards the final quarter of the year, it’s positive to see the prime minister’s commitment to supporting businesses people want to see on their high streets, and we look forward to seeing that commitment backed by continued investment that enables local businesses and the communities they serve to thrive.”