Business Rates: Devolution Debate

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Department: Wales Office

Business Rates: Devolution

Lord Naseby Excerpts
Wednesday 21st December 2016

(7 years, 11 months ago)

Lords Chamber
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Lord Bourne of Aberystwyth Portrait Lord Bourne of Aberystwyth
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My Lords, as I indicated, we are consulting on this and we will discuss it with local government as the reforms come forward. On the general point on redistribution, that has to be an element of this. The noble Lord is quite right that some local authorities will be in receipt of far more in business rates than others. We will need a corrective mechanism to deal with that.

Lord Naseby Portrait Lord Naseby (Con)
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My noble friend mentions consultation. What consultation is taking place with representatives of the retail trade and small businesses?

Lord Bourne of Aberystwyth Portrait Lord Bourne of Aberystwyth
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My Lords, obviously the consultation is primarily designed to take account of the position of local authorities. That is something we are taking forward. I am sure that feeding through views from retailers will be something local authorities will wish to bring forward in the consultation and discussion we are having.