Classifieds Advertise Archive Subscriptions Family Announcements Photos Digital Editions/Apps
Connect with us

Galway Bay FM News Archives

Rates hike would be the last straw for struggling businesses

Published

on

Date Published: 29-Jun-2011

Struggling businesses in Galway could be set for a shock financial blow, after it emerged this week that a full rates revaluation of all premises in another local authority area is being based on rent levels from 2006.

If a similar valuation date is employed when commercial and industrial premises in Galway are revalued, businesses here could face massive hikes in rates based on rent from the height of the property boom.

The news comes as a crowd of between 600 and 700 business people are expected to attend a meeting in Galway city next week demanding affordable rates for employers and reform of the rates regime.

The mass meeting, planned by voluntary organisation Employers for Affordable Rates (EAR), will hear criticism of the system in which struggling businesses have their commercial rates assessed.

During a discussion on rates by councillors this week, the County Council’s Head of Finance Ger Mullarkey suggested they should ‘hold fire’ on the rates issue, as the Valuations Office is currently revaluing every business and commercial premises in Dublin City Council’s jurisdiction – and basing the valuations on rent levels from 2005/6.

The Valuation Office – the State property valuation agency – is currently in the process of revaluing commercial and industrial properties for local authorities across the country.

At the moment, it is revaluing Dublin City Council, which will take up to two years, according to Mr Mullarkey.

It has already completed its revaluations in Dun Laoghaire Rathdown, Fingal and South Dublin County Councils.

See full story in this week’s Connacht Tribune.

Galway Bay FM News Archives

Retail industry trade body welcomes B&Q announcement

Published

on

Date Published: 07-May-2013

Retail Excellence Ireland, the country’s largest retail industry trade body, has welcomed the news that 60 jobs have been saved at the city branch of B&Q.

It’s after the home improvements store successfully exited examinership.

Under the scheme, 2.4 million euro is to be invested by parent company Kingfisher plc, and B and Q will continue to trade at eight stores

This means 640 jobs have been saved nationwide, including 60 at the outlet in Knocknacarra.

However, David Fitzsimons of Retail Excellence Ireland says landlords need to be willing to help out smaller retailers too.

 

Continue Reading

Galway Bay FM News Archives

Foundation reports nine Galway heart deaths each week

Published

on

Date Published: 09-May-2013

Nine people die in Galway every week from heart disease and stroke.

That’s according to the Irish Heart Foundation, which is launching its Happy Hearts Appeal today. (9/5)

An Taoiseach, Enda Kenny, launched the appeal today to help raise funds for the charity, which has seen increasing demand on its patient services.

The Foundation says it needs to raise at least half a million euro to maintain existing information services.

 

Continue Reading

Galway Bay FM News Archives

Call to tackle delays at Oranmore rail crossing

Published

on

Date Published: 13-May-2013

Concerns have been raised over traffic delays at the railway crossing in Oranmore.

Councillor Jim Cuddy says he has received many representations from local motorists who have been experiencing extended delays.

He says the closed barrier can sometimes cause a traffic tailback as far as the roundabout near the Maldron hotel.

Cllr Cuddy has brought the matter to the attention of Iarnrod Eireann and has asked for an explanation as to why the crossing is closed for so long.

Continue Reading

Local Ads

Local Ads

Advertisement
Advertisement

Facebook

Advertisement

Trending