Businesses in the North East region will some of the steepest hikes in business rate outside of London and the South East in April 2014.
I recently took Ed Miliband to visit some local small businesses in Stockton and many of them told us how much they are struggling because of the huge increases in business rates on top of soaring energy bills. The government’s planned rise in rates for Stockton is a truly staggering £540 per year on average.
The Government set these rates from Whitehall and the local Councils has no say on the matter, but is made to collect them. At time when the government should be backing small business, once again the government appears to be on the wrong side. They should give small business owners in Stockton a break and back Labour’s plans for a rate cut.
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