Executive needs to be formed ASAP, retailers warn

Retailers have warned that an Executive must be formed as soon as possible to tackle the cost of living crisis.

Measures needed include agreement on a support package for struggling businesses, incorporating an extension of the current Rates Holiday until January, Retail NI said.

Commenting on the outcome of the Assembly Election, Retail NI Chief Executive Glyn Roberts said: “The clear view of the broader business community is that an Executive needs to be formed immediately to tackle the huge challenges facing our economy and community with this cost-of-living crisis.

“To have no effective government during this crisis would be unforgivable and unacceptable.

“We need to see immediate discussions on an outline Programme for Government, a multi-year budget and agreement on a support package for struggling businesses.

“The support package must include an extension of the current Rates Holiday until January to help ease the burden on businesses.

“Make no mistake this is about saving jobs and businesses over the next months. We need immediate action and leadership from our political parties,” Mr Roberts said.