Written Question·Treasury·UIN 48262

Business Rates: Great Yarmouth

Tabled: 25 April 2025
Answered: 6 May 2025

Question

Rupert Lowe

Restore Britain — Great Yarmouth

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of business rates on retail unit closures in Great Yarmouth town centre between 2018 and 2024.

Answer

James Murray
The Government is creating a fairer business rates system that protects the high street, supports investment, and is fit for the 21st century. As set out at Autumn Budget 2024, the Government intends to introduce permanently lower tax rates for retail, ho...
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