Member

I would have been very happy with this Bill as an interim measure. I am sorry—this sounds a bit like a Second Reading speech, but it is not meant to be as I am picking up on my noble friend Lord Thurlow’s point. If we are going to replace business rates, let us see a signpost towards what that looks like now, because confidence is running out rapidly on the whole question of business rates, with unpredictable and probably not very pleasant consequences.