Member

We have tabled this amendment and these stand part notices because the evidence from legal practitioners, investors and the sector points overwhelmingly to the same conclusion: the blanket ban on upward-only rent reviews proposed by the Government is a blunt instrument with the potential to cause significant harm to the commercial property market, local regeneration and the very businesses that we all want to see thrive. If there is to be any reform in this area, it must be built on evidence, in partnership with the sector, with a commitment to economic stability.