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Lord Fox (LD)

Speaking in the House of Lords on 18 March 2025

Debate

Non-Domestic Rating (Multipliers and Private Schools) Bill

Contribution

My Lords, I thank the Minister for his answer and for reminding us of the central purpose of Clauses 1 to 4. However, I do not think that he addressed the point made by the noble Lord, Lord Jamieson, in any sense. The investment and growth effect from, literally, a £1 difference in a property’s rateable value will obviously be an issue. Without that, we cannot really understand how the Act will affect our high streets. On that note, however, I beg leave to withdraw Amendment 21.

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