Leading the BID industry
POSTED ON: 14/07/2022
By Chris Turner, Chief Executive, British BIDs
So, the Prime Minister is on his way out, we find ourselves in the middle of a leadership race, and in a month or so, we’ll have a new resident inside Number 10.
Businesses are dealing with the aftermath of the pandemic and facing rising costs — now is the time they need some certainty and the means to be able to plan for the future. Sadly, the drama of the past few months has diverted attention away from the very key issues that we need resolved.
We need competent hands on the tiller, and the new PM must come up with innovative policies to help our towns, cities and high streets — and importantly, take them to conclusion. He or she should grasp the Levelling Up agenda; the white paper had good stuff in it such as putting huge investment into research and infrastructure, but frustratingly none of it is happening.
Next, they must continue to reform the outdated tax of business rates that is hammering so many. Rates are going up, and businesses are now paying the largest proportion of tax at the local level. We’ve had the consultations, we know that business rates are not going to disappear, but now we need to see action on the promised changes.
And finally, the new government must find a solution to the staffing crisis. Getting workers since Brexit has become a problem across the country and it needs to be fixed.
Businesses are taking more and more of a hit, and as a result we are losing them. This cannot go on.
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