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The Northern Ireland Independent Retail Trade Association (NIIRTA) has welcomed the decision of the Bank of England MPC to cut interest rates to a record low.

NIIRTA Chief Executive Glyn Roberts said:

Business Rate Reform is now the top economic issue for the Finance Minister. We need radical reform of business rates and not just small-scale superficial changes.

Responding to the report on BHS from the House of Commons Work and Pensions and Business, Innovations and Skills Committees, the Northern Ireland Independent Retail Trade Association (NIIRTA) Chief Executive Glyn Roberts said: