Cork County Council budget could raise commercial rates by 8%

Some ‘horse-trading’ is ongoing between political parties in County Hall before councillors vote on the matter, with attempts to reduce the rates increase to 6% or 7%. File picture: Larry Cummins

Businesses in Co Cork could face an 8% rise in commercial rates next year if a budget prepared by Cork County Council officials is endorsed next Monday.

Council bosses say they need it to bridge a shortfall of €12m between expenditure and income to avoid reducing services next year.