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You are here: Home Archive 2009 Jan 08 Quality of Mersey strained on rates

Quality of Mersey strained on rates

by Obsidian last modified Jan 08, 2009 12:00 AM

More than 30,000 jobs, 612m ($1.24bn) of gross value added and 750m of household income are under threat because of the British government's new business rating system for ports, new figures suggest – against a net gain to the government from the new system of about 8m.

The bleak forecast comes as the campaign against backdated ports rates steps up, with more port operators warning of dire consequences.

Umbrella group Mersey Maritime has drawn up the statistics based on its own Merseyside Economic Impact report. The figures...

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