Soaring energy costs, rising rents and bounceback loan repayments could all contribute to a tough year for agents said Scottish Passenger Agents’ Association president Mike Tibbert, who called on the government to provide business rates relief to help mitigate the crisis.
“High street agents are bracing themselves for a difficult period ahead as their own business costs rise," said Tibbert. "Many are now in the position of payments for bounceback loans at the same time as spiralling energy costs, rent reviews and the high cost of business rates.
"Support in the form of rates relief would be one measure the Scottish Passenger Agents’ Association strongly supports.”
