Oral Answers to Questions

Debate between John Pugh and Marcus Jones

Monday 16th January 2017 Commons Chamber

[John Pugh (Southport) (LD)]

11. What progress has been made in the review of business rates.

[The Parliamentary Under-Secretary of State for Communities and Local Government (Mr Marcus Jones)]

The Government concluded the business rates review in March 2016. Following the review, the Government announced a £6.7 billion cut in business rates over the next five years and a permanent doubling of small business rate relief. As a result, 600,000 small businesses will pay no business rates at all.

[John Pugh]

I thank the Minister, but has he done any serious analysis of the process in order to give any comfort to the hard-pressed average high street currently competing against the internet and trading in very, very difficult circumstances?

[Mr Jones]

I hear what the hon. Gentleman says. There is no doubt that many external factors do challenge our high streets, but there is a significant package of £6.7 billion. He may want to encourage some of the business owners on his high street to check the revaluation of their business rate following the 2017 business rate revaluation, which is now online.