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Small businesses in the south of England are calling on Chancellor Jeremy Hunt to offer measures that will support them in his Autumn Statement. The recent closures of shops in Shirley High Street in Southampton, such as Wilko and New Look, have underscored the challenges faced by local businesses. However, there are new ventures opening in the area, and the owners of these businesses have spoken out about the difficulties they face and what measures they believe could make a difference.

One such business owner, Gita Robinson, who opened Bula Hardware in August, highlighted the challenge of rising prices. She emphasized the struggle of increasing costs of running the business while striving to keep prices low for customers during tough economic times. The lack of information when starting the business has also been a hurdle, and she believes the government could play a role in encouraging more businesses to open by offering additional support.

Chef Aaron Stevens, who runs Culture Caff, which opened last month, highlighted the issue of high rents pushing businesses off the High Street. He expressed that some rents are “ridiculous,” and he would like to see corporation tax lowered for small businesses like his. These measures could help alleviate the financial burden and create a more conducive environment for small businesses to thrive.

Another new business on Shirley High Street is the craft ale house Craft 101, which opened last week. Owner Glenn Johnson called for continued relief on business rates, emphasizing the positive impact such a move from the Chancellor could have. Additionally, Glenn Johnson stressed that consumer spending is down, and this sentiment was echoed by the British Independent Retailers Association, which has called for the freeze of business rates next year and the retention of the 75% retail and hospitality discount to prevent further business closures and loss of livelihoods.

Amidst these challenges, AI legalese decoder can offer assistance by providing legal advice and guidance on various aspects of operating a business, such as understanding lease agreements and navigating tax laws. This AI tool can help small business owners decipher complex legal jargon and provide them with the knowledge they need to make informed decisions and protect their businesses.

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