Non-Domestic Rating (Lists) (No. 2) Bill

Lord Truscott Excerpts

2nd reading & 2nd reading (Hansard) & 2nd reading (Hansard): House of Lords
Monday 18th January 2021 Lords Chamber

[Lord Truscott (Ind Lab) [V]]

My Lords, I refer to the Non-Domestic Rating (Lists) (No. 2) Bill, and agree with much of what the noble Lord, Lord Naseby, just said. Although I welcome that the Bill postpones the revaluation of business rates until April 2023 to help firms affected by the pandemic, I cannot but think, as a number of noble Lords have expressed, that this is a missed opportunity for root-and-branch overhaul of the rating system, despite the Minister having pledged that there will be a review of the current system.

The economy is facing a double-dip recession and many businesses are under extreme financial pressure, as several noble Lords have said. Spending patterns are changing as more goods are bought online. High business rates are killing off our high street and, in these circumstances, a further hike in rates, even two years down the road, will sound the final death knell for many struggling businesses. The noble Lord, Lord Hain, described his experience with his local high street and the independent traders there that are under threat.

As the CBI pointed out in a recent report, the uniform business rate has risen by 44% over the last 30 years. The UBR would be lower if it had risen only in line with inflation. If the switch in indexation from RPI to CPI had happened earlier, it would have saved businesses £13 billion over a nine-year period. The UBR makes up a significant proportion of fixed costs for businesses—another reason any further increase should be delayed beyond 2023. The Government should look at rebasing the UBR, which would boost business investment and fuel economic growth at a crucial time for the UK’s economic recovery from Covid-19.

The CBI has made a number of recommendations and I hope the Minister will take them on board, particularly when the review gets fully under way. For example, for the remainder of the 2017 revaluation period, the Government should freeze the UBR. As a number of noble Lords have said, relief should continue to be targeted to support the most vulnerable businesses, so badly hit by the pandemic.

The Minister should ask himself, “Do we want to save our high streets and many smaller businesses, or not?” Currently, any business that can operate remotely will continue to do so, with implications for the economic health of our city and town centres. The incentives to cut staff and operate from smaller or with no office space will continue. Remote working can bring many benefits, especially if linked to more flexible working, but it should not lead to the shrinkage of our vibrant business sector and have the effect of turning our urban centres into ghost towns.

Housing: Leasehold

Lord Truscott Excerpts

Tuesday 5th January 2021 Lords Chamber

Asked by

[Lord Truscott]

To ask Her Majesty’s Government whether they plan to implement the recommendations in the report by the Law Commission Leasehold home ownership: buying your freehold or extending your lease, published on 21 July 2020; and if so, when.

[The Minister of State, Home Office and Ministry of Housing, Communities and Local Government (Lord Greenhalgh) (Con)]

My Lords, first of all I point out my residential and commercial property interests as set out in the register. The Government are committed to promoting fairness and transparency for homeowners and are taking forward a comprehensive programme of reform to end unfair practices in the leasehold market. Last year, the Law Commission published reports on enfranchisement, commonhold and right to manage. We will announce details of how the Government will take forward reform in this area as soon as possible.

[Lord Truscott (Ind Lab) [V]]

My Lords, I thank the Minister for that reply. I declare an interest as one of England’s 4.3 million leaseholders. Owning a leasehold property can be a nightmare for many. The whole feudal system, unique to England and Wales, is designed to protect the interests of freeholders, and their professional acolytes, at the expense of leaseholders. Even appreciating the pressures of the current Covid crisis, will the Minister and Her Majesty’s Government please get a move on and treat leasehold reform with the urgency it demands? No more delay, please.

[Lord Greenhalgh (Con)]

I assure your Lordships that leasehold reform is coming. A lot has been announced and, subject to the vagaries of the Downing Street grid, more will be announced shortly.

Covid-19: Local Government Finance

Lord Truscott Excerpts

Monday 29th June 2020 Lords Chamber

[Lord Greenhalgh]

My Lords, there is an absolute commitment to provide support for local councils through this extremely difficult period. My noble friend is right to point out the pressures we face in pension fund deficits, but that was there before the Covid-19 pandemic. Rest assured that there will shortly be an announcement of a comprehensive plan to support all our local authorities through this pandemic.

[Lord Truscott (Ind Lab) [V]]

My Lords, the dire financial situation facing local authorities is yet another indication of the economic meltdown facing the country as a result of the pandemic. Does the Minister not agree that, rather than an ad hoc approach, this is the time for an emergency Budget?

Housing for the Homeless

Lord Truscott Excerpts

Thursday 14th May 2020 Lords Chamber

[Lord Truscott (Ind Lab)]

My Lords, the Government could abolish homelessness at a stroke. Since 2011, the cost of HS2 has doubled to £106 billion and is rising. This obscene waste of money and white elephant should be scrapped. For the same money the Government could build 1.7 million social houses and eradicate homelessness once and for all. HS2 will employ 30,000 people, but building almost 2 million homes would employ millions of people—desperately needed employment at this time when Covid-19 will lead to a projected unemployment rate of almost 10%. I say to the Minister, “Scrap HS2, end homelessness, create much-needed jobs and save the environment.”