The Association of Convenience Stores (ACS) has written to Exchequer Secretary, Dan Tomlinson MP, making the case for independent retailers to be included in any additional support measures currently being drafted by the Treasury.
In the new letter, the ACS outlines the effect of changes first announced in the budget which will remove the remaining 40% Covid relief on rates bills for local shops and other retail, hospitality and leisure businesses whilst also leaving retailers to face the prospect of significantly higher bills as a result of this year’s rates revaluation.
The ACS has highlighted to the Exchequer Secretary that it is independent retailers - including those operating on petrol forecourts - that will face the most significant impact to their businesses in April.
The Government has claimed in recent days that its planned support package for pubs is unlikely to be extended to other businesses because of the specific impact that was felt by pubs during the pandemic.
The ACS has questioned this with the Exchequer Secretary, as trade was decimated during Covid for many local shops, particularly those trading in and around transport hubs.
ACS chief executive, James Lowman (left), said: “The increases in rates bills coming in April will have a direct impact on investment, employment and services, particularly for independent retailers who are the foundation of community retailing in this country. Local shops are under extreme pressure and should all receive support.
“Providing additional funding to support some businesses but not others risks creating further uncertainty.”
“Providing additional funding to support some businesses but not others risks creating further uncertainty and doesn’t represent a responsible or sustainable approach. The Government has an opportunity to demonstrate that it values local shops and the hard-working retailers that keep the nation moving.”
The full letter to the Exchequer Secretary is available to read here.
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