Written Question·Treasury·UIN 28747

Retail Trade: Business Rates

Tabled: 4 February 2025

Answered: 12 February 2025

Question

Bradley Thomas

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential merits of business rate reform to incentivise retail business investment in (a) Bromsgrove constituency and (b) across the United Kingdom.

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. At Autumn Budget 2024, we made the first step with the announcement of permanently lower tax rates for the Retai...

ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 28747) →