Clare Guinness, CEO at Belfast Chamber, said:
“Belfast Chamber strongly welcomes the Finance Minister’s decision to pause the proposed rates revaluation – it’s encouraging to see common sense prevail on an issue that had the potential to have a hugely detrimental impact on the hospitality sector.
“The Finance Minister was a guest speaker at a business lunch hosted by Belfast Chamber for members last week, when he was very much in listening mode, and this decision is proof of that. It’s refreshing to note that our political leaders place value in listening to businesses and to representative bodies that advocate on their behalf.
“Hospitality and leisure accounts for almost a third of our membership and is a vital part of Northern Ireland’s economy, supporting jobs, tourism, and city centre vibrancy. At a time when operators continue to face significant cost pressures, it is essential that policy decisions enable the sector to thrive.
“We look forward to working collaboratively with the Minister and all stakeholders to develop a fair and balanced approach that supports recovery, growth, and the long-term success of hospitality businesses.”
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