East Devon MP Sir Hugo Swire hopes budget will bring relief to Sidmouth businesses
PUBLISHED: 15:32 25 October 2018 | UPDATED: 15:33 25 October 2018
Tension is building in the town centre with more rumours of shops preparing to close.
Since the beginning of 2018 Carinas, Hospiscare, NatWest, New Look and Sweet Temptations have closed. Coles gift shop will close tomorrow (Saturday) and both The Rendezvous and Barclays will be closed before Christmas.
Pure Indulgence will leave the town for good in April along with Govier’s of Sidmouth which has been in the town for more than 100 years and is going online only.
The Herald has reported the plights facing businesses who have warned that if the government waits until next year to bring relief – helping with rising costs, rent and business rates – it will be too late.
East Devon MP Sir Hugo Swire said: “The news that more shops are closing i is not only a tragedy for the local high street, but also for those whose jobs are at risk. With the upcoming budget, I hope that the Chancellor will make an announcement on the issues surrounding business rates.
“The next step is to see if anything is announced in the budget that will ease the pressure on small businesses in the High Street.”