ALMR demands urgent action ahead of autumn statement

chefs at work

The leading industry body for the bar, pub and club trade is calling on the Government to combat rising costs for businesses in the face of economic and political instability.

Ahead of tomorrow’s annual autumn statement, the Association of Licensed Multiple Retailers (ALMR) is urging those in power to address business rates costs that continue to undermine growth in the licensed hospitality industry.

ALMR chief executive Kate Nicholls said: “This is a time of economic and political instability and costs, predominantly business rates increases, continue to constrain businesses growth and risk investment in our sector.

“The country is facing a huge amount of uncertainty following the EU referendum which may be exacerbated following the triggering of Article 50. Uncertainty undermines confidence and that undermines investment and growth.

“With this in mind, and with rising business rates costs continuing to eat into margins, the Government must take action to reduce costs and encourage continued investment. Business rates have long been an area of concern and it is well past time that the Government took action to ensure that businesses remain competitive and that businesses have the capacity to invest, support jobs and grow.”

The ALMR’s submission to the autumn statement calls for:
• Resumption of high street retail relief
• At least two years transitional relief to offset increased business rates bills
• The abolition of National Insurance Contributions for under-25s
• A delay in the introduction of the Apprenticeship Levy
• Future National Living Wage rates to be set independently by the Low Pay Commission, reflecting current economic circumstances and a suspension of any increase in April

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