Member

On the question asked by the noble Lord, Lord Shipley, in relation to the timescale for further reform of the business rates system, the Government are creating a fairer business rates system that protects the high street, supports investment and is fit for the 21st century. Transforming the business rates system is a multiyear process and reforms will be phased over the course of the Parliament to provide certainty for businesses and local government finance. On 17 February, the Government published Business Rates: Forward Look on GOV.UK, setting out the timetable for further reform.