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Retail and disability leaders react to Spending Review

Rishi

Retail and disability leaders have given their reactions following yesterday’s Spending Review by the Government.

Chancellor Rishi Sunak said the government was considering options for further rates relief for businesses affected by COVID, announced a Levelling Up Fund to support local areas and a 2.2% increase in the National Living Wage (NLW) from £8.72 to £8.91.

Helen Dickinson, Chief Executive of the British Retail Consortium, said she was encouraged that the government was considering options for further rates relief for businesses affected by COVID.

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“Many retail businesses have been shuttered for the past month, depriving them of £8bn in sales,” Helen said.

“A return to full business rates liability in April would be impossible for some firms to meet and freezing the multiplier in 2021/22 does not solve this problem.”

The director urged the government to adopt the BRC’s proposal for business relief at 50% to reflect the fall in retail property values along with a moratorium on debt reinforcement.

On Minimum Wage rises, Helen said: “Many retail businesses have been shuttered for the past month, depriving them of £8bn in sales. A return to full business rates liability in April would be impossible for some firms to meet and freezing the multiplier in 2021/22 does not solve this problem.”

Speaking on behalf of people with disabilities, Dr Rhidian Hughes, chief executive of VODG, said the Spending Review was a “missed opportunity” to protect social care services for disabled people and their families.

Dr Hughes said a full and proper review of the adult social care system, with a robust plan for sustainable and workable long-term reform, was urgently required.

Tags : British Retail Consortiumdisabilitiesnational living wageretailvodg
Lee Peart

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