Business of the House

Rachel Blake Excerpts

Thursday 21st November 2024 Commons Chamber

[Lucy Powell]

I thank the right hon. Gentleman for raising that point ahead of Small Business Saturday. I gently say to him, as he was a Minister in the previous Government, that the previous Government increased national insurance contributions not just on businesses but on workers as well. They did so at a time when inflation was at an almost record high of 9%. It is funny that they did not seem to worry about that at the time. They also—I supported them in doing so—increased the minimum wage on many occasions in their time in office. I am proud that this Government are giving a pay rise to some of the lowest paid in our society and economy. We are bringing in changes to business rate reform, which will support many of our small businesses on the high street. Treasury questions are coming up, where I am sure he will want to raise business tax relief reform with Treasury Ministers.

[Rachel Blake (Cities of London and Westminster) (Lab/Co-op)]

Communities are really suffering with the increasing number of short-term lets in the Cities of London and Westminster. Local authority time is being used up to clean the mess, and the availability of genuinely affordable homes is being eroded. Landlords are sometimes struggling to evict tenants who are illegally sub-letting into the short-term let tenure. Will the Leader of the House ask a Minister to update us on the Government’s plans to tackle the rise in short-term lets? This affects not just the west end, but communities across the country. We need the registration scheme to come forward quickly, alongside licensing and the ability of local authorities to plan for short-term lets.

[Lucy Powell]

This is a really big issue in city centre constituencies like mine, as well as in rural areas. We are committed, as my hon. Friend says, to introducing the registration scheme for short-term lets, and we will be removing the furnished holiday lets tax incentive that short-term let owners have had recently. Those measures will be introduced as soon as possible, and I will make sure the House is updated. We have also announced a 2% increase to the higher rates of stamp duty on those types of properties. I hope that, taken together, they will reduce the blight of short-term lets on many of our constituencies.