Written Question·Department for Business and Trade·UIN 46276

Retail Trade: Urban Areas

Tabled: 17 April 2025
Answered: 30 April 2025

Question

Martin Wrigley

Liberal DemocratNewton Abbot

To ask the Secretary of State for Business and Trade, what steps his Department is taking to support high street businesses in competing with large online retailers.

Answer

Gareth Thomas
We intend to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, including those on the high street, from 2026-27. This tax cut must be sustainably funded, and so we intend to apply a higher rate from 2026-27 on th...

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