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BeLfAst MAnifestO

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THE MANIFESTO<br />

Belfast needs to create a welcoming environment for<br />

foreign skilled workers. The City Centre needs to develop<br />

its attractiveness as a place to live with residential<br />

quarters that have facilities for young families such as<br />

pocket parks and daycare.<br />

4. Fairer Rates and Taxes<br />

The businesses in Belfast City Centre contribute 65% of<br />

the rates income of the entire City Council.<br />

The Chamber is entitled to expect a recognition from the<br />

City Council of the fact that the business community is<br />

fundamental to meeting many of the Council’s other<br />

policies and objectives.<br />

High levels of rates deter investment in the City<br />

Centre and actually reduce Council income because<br />

of vacancies.<br />

We will continue to resist rates on businesses becoming<br />

the easy tax for the Northern Ireland Assembly. Proper<br />

rates policy can be used to stimulate growth by:<br />

• encouraging more residential accommodation in the<br />

City Centre<br />

• incentivising occupation of vacant buildings<br />

• incentivising new development and capital investment<br />

The proposed reduction in Corporation Tax remains an<br />

opportunity to attract business headquarters to Belfast.<br />

Following Brexit, the Northern Ireland Executive should<br />

be working to secure the early introduction of the<br />

Corporation Tax change. Each new business setting up<br />

home in Belfast will require top quality services,<br />

resources and support in our high quality and<br />

sustainable environment.<br />

5. Reinvent the City Centre<br />

The traditional retail core in the City Centre is changing<br />

due to the combination of out-of-town and suburban<br />

malls and internet retailing. The Chamber challenges any<br />

factors which may negatively impact people accessing<br />

and moving around the city. The following policies are<br />

designed to work with our infrastructure changes to put<br />

Belfast at the forefront of 21st century cities.<br />

Retail<br />

The Chamber’s aim is to move Belfast from the 19th most<br />

popular retail destination in the United Kingdom into one<br />

of the top ten positions. Our policies to achieve this are:<br />

• the Royal Exchange project must be prioritised and<br />

Sprucefield Park should not be allowed to develop<br />

beyond bulky-goods retailing

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