L

Lord Fox (LD)

Speaking in the House of Lords on 24 February 2025

Debate

Non-Domestic Rating (Multipliers and Private Schools) Bill

Contribution

My Lords, I thank the Minister for his detailed response. The nature of this debate has set the scene for some of the groups that we will debate later—the £500,000 limit will certainly come up shortly, as will the other issues. The overall point suggested by the Minister—that we must have this move, or that this move is a helpful precursor to wider reform—is one that I would question. I do not see why this must happen without the wider reform; it is not needed unless it is in the context of something that is more total around the system. Let me repeat myself: there are so many puts and takes in this system that it is hard to know how individual businesses and their competitors are going to be affected simply on the basis of where they stand on a particular road. There is much to be done but, on that basis, I beg leave to withdraw Amendment 1.

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