Member

We on this side of the House have chosen a different path: we extended the support at a lower rate in 2025-26 and are slowly unwinding it over the coming three years, with the help of £4.3 billion of transitional support. I think all Members can agree that it would not be sustainable for a £1.7 billion annual temporary Covid tax relief to remain fully in place at the end of the decade. At the same time, our reforms to rebalance the underlying design of the business rates system towards high-street businesses will be implemented in April.