'This is a concerning and anxious time for many business operators': BID to host information sessions with Land & Property Services to support affected firms
To help businesses better understand the rates process and raise issues directly, Belfast One will host two information sessions on Wednesday, February 4 at 11am and 1pm
Belfast One Business Improvement District (BID) has raised concerns about the impact of current rates valuations on businesses operating in Belfast city centre, warning that many are facing increased pressure at a time of rising costs.
Martina Connolly, chief executive of Belfast One BID, said the business community is experiencing a period of uncertainty and anxiety as operators continue to manage significant financial challenges.
“Belfast One is concerned about the impact current rates valuations are having on the business community across Belfast city centre at a time when businesses continue to face significant cost pressures,” she said.
Connolly said Belfast One is committed to representing the concerns of its members and supporting businesses by providing access to practical advice and information.
“This is a concerning and anxious time for many business operators and, as the Belfast Business Improvement District, we are committed to representing our members’ concerns and providing support and opportunities for the business community to gain practical advice,” she added.
To help businesses better understand the rates process and raise issues directly, Belfast One will host two information sessions on Wednesday, February 4 at 11am and 1pm. The sessions will be held in partnership with the Department of Finance and Land & Property Services (LPS).
Businesses attending will have the opportunity to speak directly with LPS staff and raise individual concerns. Registration is available by emailing [email protected].
She added: “There is a clear need for continued engagement and a fair, responsive approach to rates that reflects current trading realities and supports the long-term health of Belfast city centre.
"Every member and wider business plays a crucial role in animating the city centre, supporting jobs and shaping visitors’ experience of Belfast. When these businesses are under pressure, the wider impact is felt across the city.”