Downtown Seattle Association Ties Job Losses and Property Decline to Business Climate
The Downtown Seattle Association (DSA) reports that Seattle has lost 40,000 jobs and billions in property value, attributing the decline in part to the JumpStart payroll tax. The DSA argues that the city's business climate has driven office value and employment toward neighboring Bellevue, leading to increased vacancy rates and lost tax revenue. In response, Mayor Katie Wilson has walked back previous criticisms of Starbucks, while new Economic Development Director Beto Yarce aims to reduce regulatory roadblocks for small businesses. To address street-level instability, the DSA has also established a command center at the troubled Third Avenue and Pine Street intersection.
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UK PM Announces Business Rates Cuts for Pubs and Hospitality
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Andy Burnham Announces 20% Business Rates Cut for UK Pubs and Live Music Venues
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