‘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 AinslieLen 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 News Stories

Yesterday, 12:00

More than 100 independent firms in Hackney will be offering incentives to get people to recycle more.

Yesterday, 11:59

Each week, the Gazette takes to the streets to unearth something being manufactured right here in Hackney. But this week we didn’t have to look too far: a bag of locally grown Hackney Salad was lurking in The Editor’s fridge...

Fri, 11:18

Hackney Council wants to splash out £36million on a 148-room hostel in Seven Sisters Road so it can stop housing homeless people outside the borough.

Fri, 11:02

A team of schoolchildren cycled collectively the distance between London and Inverness to raise money for Comic Relief.

Fri, 09:54

Two mums banned from their kids’ Hackney primary school say they have “never heard anything like it before”.

Fri, 08:18

Meet the raggedy band of volunteers who spend their spare time keeping hotshot developers in line. The Gazette caught up with members of Hackney’s Conservation Area Advisory Committees to find out what they do.

Thu, 13:53

A dad accused of murdering his one-year-old boy and trying to kill his twin sister at their Finsbury Park home appeared at the Old Bailey today.

Thu, 12:30

A major rethink on the running of Hackney’s markets has been announced, including free stalls for the unemployed and food hygiene ratings.

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