James Murray

James Murray

Labour (Co-op) — Ealing North

Speaking in the House of Commons on 26 February 2025

Debate

Family Businesses

Contribution

My hon. Friend is absolutely right to point out that, under the previous Government, there was a series of cliff edges and one-year extensions that provided no stability whatsoever to businesses trying to plan investment, hiring or expansion decisions. That is why we have decided to extend the relief that the previous Government were due to end in April 2025 for one further year, before introducing permanently lower rates from April 2026.

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