Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what is her Department's estimate for annual CPI inflation in (a) 2025-26, (b) 2026-27, (c) 2027-28 and (d) 2028-29 financial years.

Answered by Lucy Rigby - Economic Secretary (HM Treasury)

HM Treasury does not produce forecasts for the UK economy. Forecasting the economy is the responsibility of the independent Office for Budget Responsibility (OBR), which published its latest forecast on 26 November 2025.

In their most recent Economic and Fiscal Outlook, the OBR forecast CPI inflation to be 3.5% in 2025-26, 2.2% in 2026-27, 2.0% in 2027-28 and 2.1% in 2028-29.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 17 December 2025 to Question 99189 on Private Rented Housing: Income Tax, whether her Department has made an assessment.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

The Office for Budget Responsibility engages with the Treasury on the potential impacts of policy measures as part of standard Budget processes.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what was the average mean Rateable Value of a hereditament on the (a) 2023 Rating List and (b) 2026 Rating List, with the Valuation Office Agency's special category code of (i) 227 Public Houses/Pub Restaurants (Inc. Lodge) (National Scheme), (ii) 226 Public House/Pub Restaurants (National Scheme), (iii) 234 Restaurants, (iv) 238 Roadside Restaurants (National Scheme), (v) 409 Cafes, (vi) 500 Cafes/Restaurants Within/Part of Specialist Property, (vii) 060 Clubhouses, (viii) 061 Licensed Sports, Social and Private Members Clubs, (ix) 062 Coaching Inns and (x) 303 Bars (Valued on Floor Space).

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

Relevant data can be found here: Change in rateable value of rating lists, 2026 Revaluation

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how does the Valuation Office estimate the value of a garden when valuing a dwelling for council tax in (a) England and (b) Wales.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

Gardens are not valued separately or in isolation for Council Tax. They are reflected within a property’s overall Council Tax assessment.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what is the statutory basis for the Valuation Office Agency to publish and share the council tax valuation list, and the banding of each dwelling, on gov.uk.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

Section 28(1) of the Local Government Finance Act 1992 provides the statutory basis for publishing and sharing the Council Tax valuation list.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many (a) hotels, (b) bed and breakfasts, (c) guest houses and (d) overnight camping groups are valued for business rates in England.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

Statistics detailing the number of properties categorized by their property type in the draft 2026 Rating List can be found here: Change in rateable value of rating lists, 2026 Revaluation

This information is broken down by Special Category code in the downloadable spreadsheet, titled “RVL_4_2”.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many hereditaments are there with a Rateable Value of £500,000 or over in the 2026 Rating List, by Special Category code; and what is the average Rateable Value of a hereditament in that Special Category amongst the subset of those with a Rateable Value of £500,000, according to information held by the Valuation Office Agency.

Answered by Dan Tomlinson - Exchequer Secretary (HM Treasury)

Statistics detailing the number of properties within a range of Rateable Values in the draft 2026 Rating List can be found here: Change in rateable value of rating lists, 2026 Revaluation