Derry Chamber of Commerce C.E.O. Paul Clancy says rates holiday will help local businesses protect jobs

The Chief Executive of the Chamber of Commerce, Paul Clancy, says the extension of rates relief for many local businesses, including City of Derry Airport, is a vital lifeline that will help protect jobs.
By Kevin Mullan
Published 19th May 2020, 17:56 BST
Paul Clancy.Paul Clancy.
Paul Clancy.

He was speaking after the Finance Minister Conor Murphy announced on Tuesday that City of Derry Airport, pubs, hotels and tourism venues and shops, excluding off-licences and large supermarkets will pay no business rates until after March 2021.

Mr. Clancy said: “We are pleased to hear that the Finance Minister is extending rates relief for all businesses until the end of July and that he will extend targeted rates relief for hospitality, leisure, tourism and some retail businesses until the end of March 2021.

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“These measures are absolutely necessary to protect as many local businesses as possible and it is only right that those businesses who are unable to trade, should not be required to pay rates at this time. These measures will no doubt give many businesses a fighting chance and help save more jobs.

“Additional rates relief measures for City of Derry Airport will also help us preserve vital connectivity between the north west and other regions.”

Related topics:DerryConor Murphy