City council to lower Limerick rates for first time

BUSINESS rates in Limerick city are destined to drop for the first time when the City Council approves the annual estimate next Thursday.

Shops in Limerick pay the highest rates in the country and there have been warnings that some would move to suburban centres where the much lower Limerick county rate applies.

The new rate will be €71.90 compared to the current rate of €75.69.