Oral Answers to Questions

Al Pinkerton Excerpts
Monday 9th June 2025

(3 days, 16 hours ago)

Commons Chamber
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Al Pinkerton Portrait Dr Al Pinkerton (Surrey Heath) (LD)
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In 2025-26, Surrey Heath businesses will contribute more than £30 million in business rates to Surrey borough council, but because of central Government tariffing, only 2.5% of those business rates will be retained locally. There is a reasonable expectation that locally raised taxes should remain local, so with local government reorganisation on its way, could the Secretary of State and the Front Bench team reassure Surrey Heath businesses that they might have a chance of retaining more of those business rates that should be invested back into our high streets?

Alex Norris Portrait Alex Norris
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The hon. Gentleman will be aware of the changes we have made to ensure that there are discounts on business rates for certain businesses this year, with further commitments to come at the Budget. He makes the right point. Of course I cannot announce that outside the Budget, but we will consider those points carefully.