Scottish Retailers Urge Support for SNP’s ‘Imperfect’ Budget
The Scottish Retail Consortium warns of uncertainty if the minority government’s budget fails to pass, despite concerns over business costs.
- The Scottish Retail Consortium (SRC) has called on MSPs to approve the SNP’s proposed budget, highlighting its importance for business stability despite acknowledged flaws.
- Key measures welcomed by the SRC include a freeze on property rates, rejection of a business rate surtax on grocers, and £3 million allocated to tackle retail crime.
- Retailers criticized the budget for rising business rates on medium and large shops and the lack of measures to address high operating costs in Scotland.
- The minority SNP government requires support from at least one other party, with negotiations expected to intensify as Holyrood resumes this week.
- A full parliamentary debate on the budget is scheduled for February 4, and the legislation must receive royal assent by the end of March.