MP ‘very concerned’ over rates blow for Hatfield businesses

PUBLISHED: 09:15 03 March 2017 | UPDATED: 10:44 03 March 2017

Samantha Mui of Rainbow Noodle Bar.

Samantha Mui of Rainbow Noodle Bar.

Archant

MP Grant Shapps has pleaded with ministers to ease the revaluation blow poised to hit central Hatfield businesses.

Welwyn Hatfield MP Grant ShappsWelwyn Hatfield MP Grant Shapps

After several Market Place shop-owners said they feared sharp rate rises due next month would drive them out of business, Mr Shapps said he was “very concerned” and had already spoken about the issue to Chancellor Philip Hammond.

He told the Welwyn Hatfield Times: “I have also specifically highlighted the cases of Hatfield businesses who could face up to a 3,000 per cent rise with the Communities Secretary.

“Having been the most senior Tory MP to have campaigned on this issue all week, I was of course delighted to hear that more help will be forthcoming and am anxiously looking forward to the budget to hear more.

“Having started my own printing company from scratch some 26 years ago, I know just how hard it is to build a business and how big changes in costs like business rates can have an enormous impact on the viability of a small business.

MP Grant ShappsMP Grant Shapps

“The Conservative Party has always been the party that backs business to help create the jobs and commerce this country needs to pay for all our vital public services and I am relieved that the Chancellor is ensuring that these businesses receive assistance during this rates revaluation period.

“I will await the budget on March 8 with great interest.

“In the meantime, just in order to ensure that the loophole that could mean Hatfield businesses paying significantly more is not missed, I am also formally writing to both the Chancellor and Communities Secretary to thank them for the extra assistance and ensure it is focussed on resolving the problems that Hatfield businesses in Market Place might otherwise experience.”


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