Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Robbie Moore Excerpts
Tuesday 7th July 2020

(4 years, 5 months ago)

Commons Chamber
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Kemi Badenoch Portrait Kemi Badenoch
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The Government believe that the best way of dealing with these issues is for workers to look at existing options available for flexible working and discuss them directly with their employers, rather than the Government legislating for the entire UK work- force. However, I am happy to meet the hon. Gentleman to discuss this topic further, if he would like.

Robbie Moore Portrait Robbie Moore (Keighley) (Con)
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What fiscal steps he is taking to support high street businesses affected by the covid-19 outbreak.

Karl McCartney Portrait Karl MᶜCartney (Lincoln) (Con)
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What fiscal steps he is taking to support high street businesses affected by the covid-19 outbreak.

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Jesse Norman Portrait The Financial Secretary to the Treasury (Jesse Norman)
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As Members will know, the Chancellor has announced an unprecedented package of support for high-street businesses affected by the pandemic. In particular, the Government are giving retail, hospitality and leisure businesses a year’s business rates holiday; protecting commercial tenants from eviction and debt recovery; offering grants of up to £25,000 to eligible businesses; and making sure that businesses have access to the financing they need as quickly as possible. We stand ready to take further steps, as necessary.

Robbie Moore Portrait Robbie Moore
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I thank my right hon. Friend for that response. I recently visited a brilliant independent furniture store, Rooms, right in the centre of Keighley, which is run by Andrew Foster, his wife Janine and son Joe. They and many others welcome the 100% business rate relief this year but are concerned about next year and indeed about the fairness of the business rate structure when we consider pure online businesses and those based in premises. Will my right hon. Friend continue to review this area in the light of covid and look more closely to create a fairer business rate structure?

Jesse Norman Portrait Jesse Norman
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I am delighted to hear about Rooms, and many businesses in my constituency have reopened. Reopening the economy is the central step we need for our national recovery. As my hon. Friend will know, we have committed to a fundamental review of the business rates systems and published some comprehensive terms of reference for the review at the spring Budget. In the meantime, we are committed to supporting businesses and have taken actions to reduce the burden of rates, which will save businesses more than £13 billion in the next five years.