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Steven Medway, CEO, Knightsbridge Partnership said, "This budget fails to introduce measures businesses in Knightsbridge need to grow. From an increase in NI contributions for employers to the absence of any mention on reintroducing tax free shopping, even a call for evidence, is extremely disappointing and we will continue to champion this key issue as part of our advocacy programme on behalf of our members. The need for a government review of business rates reform is now sharply in focus for our members as many businesses across Knightsbridge fall outside of eligibility criteria for business rates relief. The government missed the opportunity to show it understands the pressures and priorities of businesses, the consequences of which will only hinder growth, not fuel it.”
31st October 2024
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