Isle of Wight councillor proposes support measures for small businesses, vital to local economy.

Isle of Wight councillor Matthew Price has proposed a motion to support local small businesses, which account for over 60% of island employment. The motion calls for reviewing current taxes and suggests measures like parking concessions and government-backed loans. Price highlights the financial strain of increased national insurance contributions and emphasizes the importance of small businesses to the local economy.

November 19, 2024
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