(5 years, 9 months ago)
Commons ChamberI welcome the future high streets fund and the various business rate reliefs that the Chancellor has provided. What more can he do to support bricks and mortar retailers who have a far greater business tax liability than the online giants they are now competing against?
We have made more than £1.5 billion available to reduce the impact of business rates on smaller retailers. At the Budget, we provided a 30% discount for small retailers, which will have a huge impact in my hon. Friend’s constituency. We have the £675 million future high streets fund, and we are also bringing forward planning reforms to make it easier for small businesses and entrepreneurs to change the use of their shops and restaurants.