Written Question·Treasury·UIN 109142
Hospitality Industry and Retail Trade: Business Rates
Tabled: 28 January 2026
Answered: 5 February 2026
Question
Sir James Cleverly
Conservative — Braintree
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the (a) higher value surcharge in 2025-26 on hereditaments valued at £500,000 and (b) withdrawal of the Retail, Hospitality and Leisure multiplier at £500,000
Answer
Dan TomlinsonThe OBR’s Economic and Fiscal Outlook sets out the forecast for the economy over a five-year horizon. For more information, please visit https://obr.uk/docs/dlm_uploads/OBR_Economic_and_fiscal_outlook_November_2025.pdf