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Lord Livermore (Lab)

Speaking in the House of Lords on 23 June 2025

Debate

Business Rates Reform

Contribution

We have set out very clearly that we want to go further to modernise the system, over and above the tax cuts that I set out for small properties, exactly for the reasons my noble friend sets out. We have published a discussion paper setting out priority areas for reform that highlights further areas, including how to incentivise investment. Later this summer, we will publish an interim report setting out a clear direction of travel. We will then set out further policy detail in the Budget this autumn.

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