Peter Fortune

Peter Fortune

Conservative — Bromley and Biggin Hill

Speaking in the House of Commons on 28 April 2026

Debate

Business Property Relief: Family-owned Businesses

Contribution

I agree with the Minister, of course, that Margaret Thatcher really was the sunny uplands of this country. Small and medium-sized enterprises provide the backbone for our economy in Bromley and Biggin Hill. Many of those businesses are still family owned, suffering from the slew of taxation from this Labour Government. Family Business UK’s analysis, published just last month, said that 57% of businesses are still suffering from the business property relief that, despite the slight U-turn that the Minister alluded to, is still impacting their business. Does the Minister agree that the best way to growth is to support small businesses and not to tax them out of existence?

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