Retail Ireland seeks commercial-rate cut

09/8/2009 |

Retail Ireland, a trade group that represents the country's retail sector, is urging authorities to reduce commercial rates as merchants try to cope with the challenging environment. "We have sought a reduction of at least 20% in commercial rates because the retail sector is facing an enormous challenge in maintaining employment due to the severity of the current recession and the unprecedented decline in consumer spending," said Torlach Denihan, director of Retail Ireland.

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