Northern Ireland companies have been thrown a short lifeline in the form of an extension of the rates relief programme by up to three months.
Finance minster Conor Murphy said all businesses will have a one-month holiday while retail, hospitality, tourism, leisure, childcare, newspapers and airports will get a three month holiday to help them recover from the impact of the Covid-19 pandemic.
The Executive introduced the rates holiday in March 2020 when the pandemic hit and it was due to come to an end in March this year but inflationary pressures have increased in light of soaring costs for energy and other inputs.
