Written Question·Treasury·UIN 113753

Small Businesses: Business Rates

Tabled: 20 February 2026
Answered: 26 February 2026

Question

Mary Glindon

LabourNewcastle upon Tyne East and Wallsend

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the proposed changes to business rates on the level of employment in small hospitality, retail and leisure businesses.

Answer

Dan Tomlinson
At the Budget, the VOA announced updated property values from the 2026 revaluation. This revaluation is the first since the pandemic, which has led to significant increases in rateable values for some properties as they recover from the pandemic.To respon...

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