Emma Reynolds

Emma Reynolds

Labour — Wycombe

Speaking in the House of Commons on 23 January 2025

Debate

High Streets: Autumn Budget 2024

Contribution

Indeed. The point of the reforms is to better protect small businesses. As the hon. Gentleman says, there are already small businesses that are protected, but we want to ensure that those small businesses that are above the current thresholds are also protected, and do not pay the rates that they pay at the moment. We want to make sure that small businesses on the high street are better supported—that is the whole point of the reforms—so I can reassure him that it will not get worse for small businesses. It may be the Exchequer Secretary’s area, but I know that much, so I thank the hon. Gentleman for the opportunity to respond to that question. We look forward to further engagement with businesses over the coming months on delivering a business rates system fit for the future. I congratulate the hon. Member for Harpenden and Berkhamsted again on her first Adjournment debate in the House—it is also the first Adjournment debate that I have responded to as a Minister—and thank her for raising this important issue. This Government have delivered the economic stability that high-street businesses need to thrive, and we are committed to delivering the business rates reforms that will support high streets up and down the country. Question put and agreed to.

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