The SNP Scottish Government has announced proposals for supporting the local economy following the Barclay Review.
Plans to support nurseries, small businesses, and the hospitality sector are included in the Scottish Government’s response to the review.
The review’s recommendations were announced three weeks ago.
A proposed Business Growth Accelerator will guarantee that all improved and expanded premises will be free from any subsequent increase in rates for the first 12 months – and all new premises will not have to pay rates until they are occupied or for the first year afterwards.
Commenting on the Scottish Governments plans, local MSP Bruce Crawford said:
“This is excellent news for small businesses, the hospitality industry, and nursery premises across the Stirling area and will be a real shot in the arm for businesses looking to expand.
“Measures such as setting the new day nursery relief at 100% and continuing transitional relief for the hospitality sector, will help grow the local Stirling economy and create local jobs in our communities – meanwhile, the Business Growth Accelerator will help existing businesses expand and offer even more opportunities in terms of jobs and work experience.
“This is strong and decisive action that will provide the much-needed support to local businesses. Ahead of the Chancellor’s announced Autumn Budget on the 22nd November, the UK Government must also consider how the economic powers it has kept reserved to Westminster can be used to benefit Stirling’s local businesses.”
Ally Aitchison of the Kilted Kangaroo added:
“Hospitality businesses need clarity and certainty on business rates going forward and I hope in the near future we start to see that emerge – I am confident that Bruce will be fighting our corner on this important issue.”