Lib Dem leader pledges tax cut for small businesses to boost recovery

THE LIBERAL Democrats have pledged to cut tax on small businesses in a bid to promote recovery, a move which the party said would remake the high street.

The party leader Sir Ed Davey made the promise during a visit to Hull yesterday.

He said the tax cut would provide rent relief, support on business rates and would slash their National Insurance Contributions by quadrupling the annual Employment Allowance from £4,000 to £16,000.

He said it was essential to breathe new life into high streets across the country. Sir Ed said: “I’ve been in Hull today visiting the local community high streets down Newland and Princes Avenue.

“It’s clear streets like these are the spine of local communities across the city and we need to make sure after the pandemic they’re not only saved but revived, revitalised and renewed.

“The Liberal Democrats in Hull are campaigning to keep our local shops open, promote small business and protect important services such as local Post Offices. We won’t just save the highstreet, we’ll remake the

He said that “what was also made clear to me” is that Labour do not pay any attention to the local community high streets and have failed to make the city centre greener, cleaner and safer.

He added: “In May’s elections, the choice in Hull is clear – a burnout, complacent Labour Party who have ruled the Guildhall for a decade. Or a passionate Liberal Democrat Group who are ready to take on the challenge of moving the city forward.” highstreet.”