31/03/2016

Local Businesses Will Struggle To Afford National Living Wage - NIIRTA

Local businesses in Northern Ireland have raised concerns over the National Living Wage to be introduced tomorrow, 01 April.

The Northern Ireland Independent Retail Trade Association (NIIRTA) said local small traders will struggle to afford the National Living Wage and they are facing a "perfect storm" of business costs with the Rates Revaluation, the National Living Wage and Auto Enrolment Pensions.
News Image
NIIRTA Chief Executive Glyn Roberts said: "Our members will be facing a nearly 50% increase in their wages bills as a result of the Living Wage and Auto-Enrolment, not to mention many of them paying up to 100% extra in their rates bill.

"Given that 99% of all local business is small, the impact of the National Living Wage will have a particular detrimental impact on our indigenous business base.

"It is the cumulative impact of all these costs and red tape which narrow margins and restrict their growth potential. A number of our members have indicated that expansion plans for their businesses are being put on hold as they struggle to afford to pay these crippling costs.

"Unless the issue of high costs is addressed, the creation of jobs and new investment will be reduced at time when government needs to be doing more to support our private sector."

(CD/LM)

Related Northern Ireland News Stories
Click here for the latest headlines.

03 December 2020
New Measures To Support Childcare Providers
Education Minister, Peter Weir has announced new proposals to assist sustainability of the childcare sector. The Minister outlined plans following the allocation of £8.5 million funding in October for ongoing recovery and sustainability within the sector.
25 April 2014
Council To Become Living Wage Employer
SDLP Councillor Claire Hanna has welcomed the news by Belfast City Council that it is to become a Living Wage employer. The decision follows proposals brought by Councillor Hanna, and will make Belfast the first Living Wage Council in Ireland.
30 November 2020
Templemore Baths Restoration To Get Underway
Work has gotten underway on a £17 million restoration and expansion of Templemore Baths in east Belfast. Templemore is the sole surviving Victorian public baths on the island of Ireland and one of the few remaining in the United Kingdom that still delivers its original function, with most of its original interior fabric and fittings intact.
12 August 2014
North Down Council Living Wage Motion Passed
A motion calling for the North Down and Ards Council to adapt the living wage has received unanimous support at a meeting of the super Council, according to the Alliance Party.
12 November 2020
Call For Sick Pay Increase In Line With Minimum Wage
Alliance have called for Statutory sick pay (SSP) to be increased in line with the real living wage. Communities spokesperson Kellie Armstrong MLA said that the change needed to be put in place to prevent anyone being forced to choose between their health and paying bills.