We’re a new business, an ambitious one, one that would like to grow, but for any business in this situation, at the very, very least, you have to work out how to stay still, rather than go backwards. In these circumstances, maintaining the same profit actually is growth, because these stealth tax rises come directly off the bottom line. So if the government’s plan is trying to stimulate progress, it’s actually having the opposite effect.
Pelican boss: For some landlords, the rates rises are the difference between life and death
