Retail Trade: Closures — Written Question

Question

Mr Peter Bedford

Conservative — Mid Leicestershire

To ask the Chancellor of the Exchequer, with reference to the British Retail Consortium's analysis entitled 400 of Britain's largest shops at risk, published on 12 September 2025, what assessment she has made of the potential implications for her policies

Answer

Dan Tomlinson

From April 2026, the Government intends to introduce permanently lower tax rates for retail, hospitality and leisure (RHL) properties with rateable values below £500,000. This permanent tax cut will ensure that eligible RHL properties benefit from much-ne...

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