Adnan Hussain
Main Page: Adnan Hussain (Independent - Blackburn)Department Debates - View all Adnan Hussain's debates with the HM Treasury
(1 day, 10 hours ago)
Commons Chamber
Dan Tomlinson
I thank my hon. Friend for his advocacy on behalf of the pubs and businesses in his constituency. Concerns have been raised about the methodology. We have looked into that in recent weeks, and we think it is right to review it. That review will take place in the coming months. It will definitely report in time for the new revaluation, so that we can have a long-term, sustainable methodology for pubs, making sure that they are valued in the right way for the long term, from 2029 onwards.
Mr Adnan Hussain (Blackburn) (Ind)
The Minister’s statement will certainly be welcomed by many pub owners who have written to me in recent weeks, anxious about rising costs, but what about the rest of the high street? Small businesses are the heartbeat of Blackburn and the engine of our country. Already battered by online shopping and rising costs, they are being squeezed from every direction. Why are the Government making it harder for Blackburn’s independent shops to survive, instead of delivering the permanent cuts that our town centres need to flourish?
Dan Tomlinson
Around one in three businesses will continue to benefit from small business rates relief, and so will pay nothing at all. As for independent shops that are above the threshold and in the business rates system, many just above the threshold will be on the taper, and others will benefit from the support that was set out at the Budget.