Bob Russell
Main Page: Bob Russell (Liberal Democrat - Colchester)Department Debates - View all Bob Russell's debates with the HM Treasury
(10 years, 11 months ago)
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Sir Bob Russell (Colchester) (LD)
I am delighted that the Chancellor took notice of my speech last week that called for the abolition of business rates on small shops. Now that there is flexibility in the defence budget, is it not time the Government reinstated the modernisation programme for the houses of our brave soldiers and their families?
Mr Osborne
My hon. Friend is right that the help for the high street announced today is significant—£1,000 off for shops, pubs, restaurants and cafés. For many shops that will be a lot better than a freeze and will wipe out their rates bill for a couple of years and help them in this difficult time. I know my hon. Friend has campaigned passionately on forces’ houses, and a lot of money is now going to military charities from the LIBOR fines. I know some of the bids being considered specifically involve forces’ housing, so that is one route through which we can ensure they get a better deal.