North East Fife MP supports Small Business Saturday
On Small Business Saturday, MP for North East Fife, Wendy Chamberlain, showed her support for small businesses, struggling from the blows dealt by the Chancellor at the recent Budget.
Ms Chamberlain visited several businesses in Cupar and St Andrews, including Interiors at Forty Four and Zest.
She warned that businesses in North East Fife are “buckling under the weight of spiralling costs” which have been made worse by the Government’s business rates budget bombshell which has left small businesses facing tax rises worth tens of thousands.
The Liberal Democrats are calling on the Government to listen to small businesses in North East Fife by fixing our broken business rates system and implementing an emergency 5% VAT cut for hospitality businesses until April 2027.
She said: “Here in North East Fife we are rightly proud of our small businesses, they are what makes our area so special. However sadly, so many are buckling under the weight of spiralling costs.
“I recently held a breakfast for local businesses in Cupar where concerns and issues could be shared, and many businesses told me that this has been their toughest year yet.”
“Labour has utterly let down our small businesses, from introducing their disastrous jobs tax to hitting them with an unexpected business rates tax hike at the Budget.
“I fear that without intervention, many businesses in North East Fife may struggle to survive. That is why I am calling on the Government to finally fix our broken business rates system and roll out an emergency VAT cut for the next eighteen months."