Leeds MPs have given their backing to a new YEP campaign that aims to ease the business rates burden on the city’s hard-working traders.
Praise for the Save Our High Street campaign was led by Rachel Reeves, Labour MP for Leeds West, who said the rates were placing “real pressure” on smaller shops and firms.
We are calling on the Government to implement an urgent overhaul of the UK’s business rates system.
Ms Reeves told the YEP: “I know that many businesses in Leeds and around the country – especially smaller start-ups, shops and firms – have been put under real pressure by rises in business rates over recent years. A Labour government would cut business rates in 2015 and freeze them in 2016,”
Leeds North West’s Lib Dem MP Greg Mulholland said: “Rent and business rates for small businesses are far too high and more needs to be done to help these traders, that is why I am delighted to support the YEP campaign calling for an overhaul of the business rates.”
Alec Shelbrooke, Conservative MP for Elmet & Rothwell, said the Government was making efforts to help traders with their business rates, with a wider review of the system under way as well.
Mr Shelbrooke told the YEP: “Many shopkeepers I spoke to in my constituency welcomed the Government’s £1,000 discount on business rates last autumn, as well as the Chancellor’s below inflation cap on rate rises – at a cost of £270m to the Treasury.
“The Government is now reviewing the rates system so it’s simple, fair and predictable.”
Sign the YEP’s Save Our High Street online petition at www.change.org/p/uk-government-launch-an-immediate-review-of-the-business-rates-system-in-england-freezing-rates-in-the-interim.