Early day motion · EDM 660 · 20 Jan 2025

Support for SMEs in coastal and farming constituencies

Tabled by Edward Morello (Liberal Democrat) 27 signatures

The motion

That this House acknowledges the detrimental impact of National Insurance contribution rises and higher business rates on small and medium enterprises (SMEs), particularly in coastal and farming constituencies like West Dorset; notes that these sectors are essential for tourism and seasonal employment but are disproportionately affected by these financial pressures; calls for fundamental reform of the business rates system to support small businesses and high streets while stopping the penalisation of productive investment; and further calls on the Government to take immediate action to alleviate the financial burden on SMEs before it forces closures that will devastate local economies.