Sunday 28 December 2014

Calls for rate freeze after modest rise in spending

Published 29/05/2014 | 02:30

Retail Ireland described the figures as “disappointing”
Retail Ireland described the figures as “disappointing”

BUSINESSES have called for a three-year freeze on commercial rates as supermarkets, department and DIY stores all experienced a modest rise in sales.

Consumers appear more willing to spend as the volume of sales recorded last month proved 6.8pc higher than April 2013.

But the value of the sales amounted to an annual rise of only 2.8pc, with the latest figures from the Central Statistics Office (CSO) showing many sectors struggling, with car sales, medicines, cosmetics and books all recording a drop.

ISME, the Irish Small and Medium Enterprises Association, urged councillors to try to cut or maintain current charges to give hard-pressed businesses a chance to survive.

Irish Independent

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