"Over the last few weeks, I've spoken candidly with businesses in my own constituency, and many beyond it, and they say it's a huge challenge that they're facing, and it's a challenge just to stay afloat. Customers aren't just there in the way they used to be, as business rates remain punishingly high, energy bills soar and costs in your supply chains and VAT bite."
"to aid recovery, to stabilise the costs, to give businesses breathing space. I believe the government should look at how to support the night economy to thrive once again. Not ideology but pragmatically."
"Last October a major pub group is calling on the government to stop making "bad policy" decisions as they are "sucking cash" out of the pubs."
Angela Rayner criticised Chancellor Rachel Reeves for tax rises and higher employer national insurance, arguing these policies are damaging businesses and accelerating high street closures. Rayner said business rates remain punishingly high, energy bills are soaring, and VAT and supply‑chain costs are biting, making it hard for firms to stay afloat. Rayner urged a government plan to aid recovery, stabilise costs and give businesses breathing space, and called for pragmatic support for the night economy. She warned that current policy risks confidence among consumers and employers and highlighted calls from the hospitality sector for reduced policy pressure.
Read at London Business News | Londonlovesbusiness.com
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