The Budget 2014: Reaction on Business Rates

Bill MacLeod, PwC's senior partner in Newcastle gives his comments on a business rate boost for the high street

Shoppers on Northumberland Street in Newcastle
Shoppers on Northumberland Street in Newcastle

Bill MacLeod, PwC's senior partner in Newcastle said:

“The £1,000 rate relief for retailers that has been continued into next year is a real boost for small shops and will be well-received. This amounts to a £750 million injection into the high street.

“This taken together with the three year reoccupation scheme, should be a major help towards reinvigorating the high street.”

Journalists

David Whetstone
Culture Editor
Graeme Whitfield
Business Editor
Mark Douglas
Newcastle United Editor
Stuart Rayner
Sports Writer