Statement from NI Chamber: Cash flow and extension of rates relief

Ian Henry NI Chamber

Calling on the Executive to extend rates relief for businesses, Ian Henry, President, Northern Ireland Chamber of Commerce and Industry said:

“The results from NI Chamber’s Coronavirus Impact Tracker confirm that the majority of firms in Northern Ireland (63%) have less than three months cash reserves. Many have even less and most are struggling.

“This cash flow situation is not sustainable and further government intervention is needed. The extension of rates relief so that Northern Ireland businesses benefit on a par with other UK regions would significantly improve cash flow and could save thousands of jobs here.”

Leave a Reply