Rates freeze for businesses and residents widely welcomed

Businesses and residents coping with the financial impact of COVID19 have welcomed the announcement of a rates freeze by Antrim and Newtownabbey Borough Council.

The Council took the decision to help hard-pressed businesses and the public already struggling as a result of the economic impact of the global pandemic.

In the early days of the crisis, the Council conducted a wide ranging review of its finances following a halt to income streams from its leisure centres and theatres and took immediate steps to reduce spending.

In protecting businesses and residents, the Council has welcomed and hugely benefitted from the vital support it has received from central government.

Mayor of Antrim and Newtownabbey, Councillor Jim Montgomery said,

“Our Council has consistently sought to deliver best value for our ratepayers with the lowest rates increase across all councils in Northern Ireland since the new councils were formed in 2015.

“However the challenge we faced this year was exceptional. For months, Members have been mindful that any decisions we made, would ultimately impact on today’s announcement.

“This was a difficult process, but I am pleased today with the result. The key concern for Members was that we should prioritise businesses and households, and today’s announcement is a clear demonstration of that commitment.”