‘Give us rates relief or we’re finished’ say Hackney’s independent traders

PUBLISHED: 16:58 06 February 2017 | UPDATED: 15:36 09 February 2017

Baddeley Brothers Ltd Hackney. Chris Pertwee stands next to one of the machines in the print room

Baddeley Brothers Ltd Hackney. Chris Pertwee stands next to one of the machines in the print room


A last-ditch campaign has been launched to protect Hackney’s independent traders from a huge business rates hikes that will “tear the heart from the community”.

Len Maloney. Picture: Sarah Ainslie Len Maloney. Picture: Sarah Ainslie

Thousands of companies are facing a huge rise in rates from April because rates have been revalued based on property prices.

Hackney has the second highest rateable value increase in the country at 46 per cent – and the most in the capital.

It means more than 370 businesses in Hackney could face a rise in their rates of between £10,000 and £100,000, with some facing an even greater hike.

To compound the situation, many firms previously classed as “small” will become “medium”, meaning they will not be eligible for small business rates relief.

A lot of them arrived in the borough before it was booming and helped make it what it is today.

But they could soon be faced with the difficult choice of leaving their client base and moving outside Hackney, or closing for good.

So the town hall has joined forces with the East End Trades Guild and launched a petition calling on the government to postpone the hike and devolve the handling of rates to London’s government.

It also asks for a higher rates relief threshold for small businesses and a new relief system for medium businesses.

Krissie Nicolson, founder of the trades guild, said: “What government ministers don’t understand is small businesses are rooted within communities. They employ local people and keep money circulating in the economy.

“If they go, really, London has gone.”

So far, 1,500 people have signed the petition. That includes Charles Pertwee, director of Baddeley Brothers, a family-run stationery manufacturer that has been in the borough for 157 years. Its rateable value has risen from £60,000 to £156,000. “With this sort of increase, we’re talking people’s jobs,” said Charles. “It will make us consider whether Hackney is a viable location to continue a light manufacturing businesses.”

Another person to sign is Len Maloney, who runs JC Motors in Haggerston. The business works with a local charity to provide job opportunities and mentoring for young people, and will have to find another £10,000 a year in bills.

To sign the petition, click here.


Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files

Please log in to leave a comment and share your views with other Hackney Gazette visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Hackney Gazette staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Hackney Gazette account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Latest Hackney Stories


In an article from our ‘Year in Sport’ pullout, the other teams in the Six Nations have their chances previewed


Police want to speak to this man after a woman was sexually assaulted while walking home from a night out in the Finsbury Park area.

Yesterday, 18:30

Everton have completed the signing of Theo Walcott from Arsenal in a deal worth £20 million on a three-and-a-half year contract.

Yesterday, 18:03

Shedding further light on illegal schools remains a chief priority for Hackney Council in the face of criticism from the Jewish community.

Yesterday, 15:31

When I gave up meat as a first-year student, I did so not just because of nascent first-world guilt about the environment and factory farming, but because it was cheaper.

Yesterday, 15:00

Spurs have won eight of their last 10 games in all competitions and suffered just one defeat during that period - at the Etihad last month

Yesterday, 14:30

The team at Newington Green’s popular Alma has opened a new pub, Be-Bop-A-Lula, in Green Lanes. It’s great. James Morris isn’t surprised.

Yesterday, 13:02

In an article from our ‘Year in Sport’ pull-out, we look back on Leyton Orient’s 2017 and explain why this year provides renewed hope

Education and Training


Read the
Education and Training
e-edition today

Read Now

Newsletter Sign Up

Sign up to receive our regular email newsletter

Most read news

Show Job Lists