L

Lord Sharpe of Epsom (Con)

Speaking in the House of Lords on 4 February 2026

Debate

Land Covenants: Supermarket Chains

Contribution

My Lords, we all recognise the importance of competition, not just for economic growth but for the competitive pressure that keeps prices low for consumers. As the Minister has acknowledged, it is obviously not fair that some large retailers operate under different rules. At the same time, however, the fairness test fails when one considers this Government’s business rate policies. Does the Minister think it is fair that business rates will rise by 115% on hotels over three years but only 4% on supermarkets?

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