(7 years, 12 months ago)
Commons ChamberBefore the review, we agreed a methodology with the industry through which the revaluations would take place, so that is why that mechanism is used.
This is an independent process and it would not be appropriate for Ministers to intervene in it. We have, of course, provided £3.6 billion of transitional relief for those businesses affected by the revaluation, but I refer back to the statistics I gave in an answer a moment ago about the number of businesses that could now qualify for 100% relief.