Chirag Shah, CEO, Nucleus Commercial Finance comments: “After what may have been one of the most defining general elections of our time, it’s encouraging to see the newly elected Government make its first steps in supporting the high street. For too long the business rate system has been putting high cost pressures on retailers; this is one of the reasons why we have seen the decline of the high street in recent years. This has also been amplified by ongoing Brexit uncertainty.
“We welcome today’s plans outlined by the Government as it will enable Britain’s small businesses to invest in their futures and ultimately stand the test of time. We urge those in the House to continue to pledge their support for small businesses for the benefit of the entire country and to strengthen the UK economy.”