The small businesses on our high streets have taken a knock in recent years. The recession has been difficult for many. Some small and major stores have gone bust leaving many jobless.
As one of Scotland’s oldest towns, Musselburgh has long relied on its high street. Of course, over the years, shopping patterns have changed – the days of the ironmonger, draper and butcher on every high street have long gone. Shopping complexes like Fort Kinnaird and Ocean Terminal are increasingly popular and more convenient for many. Despite these changes, Musselburgh has retained a successful high street with many local, family run businesses.
That said, I appreciate that many small businesses have struggled in recent times. The Scottish Government is working hard to support these businesses through this difficult period. Non-domestic rates reliefs have been extended to support businesses. Indeed, in the last year the number of small businesses benefiting from the various rates reliefs has increased by eighteen per cent.
The Small Business Bonus Scheme has proven to be a particular success. The Scheme allows ten of thousands of Scotland’s small businesses to pay no rates and others reduced rates. This year the Small Business Bonus Scheme has been expanded. With the thresholds increased, many more should be able to apply and reap the benefits. So far, the Scheme has proved to be a genuine help to local and family run businesses, especially in the current economic climate.
I would encourage small business owners in Musselburgh to investigate whether they are eligible for relief under the Small Business Bonus Scheme. Further details on the Scheme can be found on the Scottish Government website. Business owners can also contact East Lothian Council for an application form.
Town’s such as Musselburgh rely on their high street. The high street is the hub of the town and our small high street businesses should be supported. The Government is doing all it can to ensure that our local businesses receive the support they deserve.