West & North Yorkshire Chamber of Commerce is calling on the Chancellor to create business stability in this year’s Budget.
The Chamber wants to see Philip Hammond introduce measures that will tackle the up-front costs of doing business, and offer incentives for investment; the business group is also calling for improved mobile network coverage. The submission to the Chancellor, due to speak to the House of Commons on 22 November, calls for no new input taxes and other significant business costs for the remainder of this parliament, abandoning the annual up-rating of business rates for the next two years, and removing plant and machinery from business rate revaluations. It also adds that a special Brexit annual investment allowance and a commitment to ending ‘not spots’ for voice coverage should be included.
A commitment and practical measures to see Northern Powerhouse happen, and an end to the devolution debacle are also sought by the Chamber.
York & North Yorkshire Chamber President, Bridget Davies, said:
“The priority right now is to underpin our long-term economic growth prospects. Although here in North Yorkshire we can say that the economy still fairs better than the national picture, according to our latest surveys, there is still much out there to tip us off balance. So, stability and assurance remain key themes. Also, the need to remove areas of limited or non-existent mobile phone coverage – so-called ‘not spots’ – is important for many of our members, particularly in more rural areas.”