Gill Furniss
Main Page: Gill Furniss (Labour - Sheffield Brightside and Hillsborough)(7 years, 9 months ago)
Commons ChamberThe Labour Government has form in this regard. The number of units available for social rent declined by 410,000 during their 13 years in office. Under this Government we have seen record levels of investment, including the £3.15 billion that was allocated to London alone in the last autumn statement.
Rateable values are, of course, set independently of Ministers. The approach to the valuation of pubs has been agreed with all five bodies representing the pub sector, including the British Beer & Pub Association and the Association of Licensed Multiple Retailers.
Twenty-nine pubs are closing every week, and the industry estimates that it will need to increase prices by 30p per pint to deal with the £421 million rates increase after the revaluation. All small businesses—many of them in my constituency—are in the firing line. Given the public outcry from local businesses, local authorities and even his own Back Benchers, does the Minister agree with Labour that there should be a full review of the operation of business rates?
Pubs and pub-restaurants in Yorkshire and the Humber will see a 4% cut in their rates overall, and many will also benefit from the doubling of small business rate relief. However, as I said in response to an earlier question, the Secretary of State and the Chancellor are continuing to look closely at what further support can be made available to those most affected by rises.