Rates hike on the cards for Cork Businesses ahead of council meeting

Speculation is mounting that a commercial rates hike is on the cards for city traders ahead of tomorrow's budget meeting in City Hall.

It's reported that there are two main proposals on the table - a 2.9% rates increase or a 1.5% increase in conjunction with a hike in parking costs.

Elsewhere Cork County Council have pledged to uphold their promise not to increase rates for traders in the county for at least five years. 

Fiona O'Donovan has more for RedFM News:

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