Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Saqib Bhatti Excerpts
Tuesday 9th March 2021

(3 years, 1 month ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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I pay tribute to all those working on the frontline of our NHS and other public services. They are doing a fantastic job, and that is why this Government have supported the NHS with tens of billions of pounds of extra funding through this pandemic and will continue to do so. With regard to public sector pay, we set out a policy in November, but, given the situation, we were taking a more targeted approach to public sector pay to balance fairness and to protect as many jobs as possible. The hon. Lady will know that the NHS was exempted from that policy and NHS workers will receive a pay rise next year.

Saqib Bhatti Portrait Saqib Bhatti (Meriden) (Con) [V]
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This morning I spoke to a roundtable of businesses from across the country, and there was much positivity for the restart grant and the business rates holiday, which will help to open up our high streets. However, many of the businesses I speak to still speak of the need for long-term reform of the business rates system, so will my right hon. Friend update the House on the outcome of the consultation that was carried out last year and what the long-term aspiration for business rates reform is?

Rishi Sunak Portrait Rishi Sunak
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My hon. Friend is right to raise this important issue, as he has done with me several times on behalf of his local businesses. He is right that we are reviewing business rates. We are in the midst of that process. The next stage will be to publish all the consultation responses that we have received, which will happen shortly, and we will take forward the policy process over the course of this year. We outlined many options for potential reforms in the paper. I look forward to receiving from him some ideas on what the reforms might be. In the short term, we are providing a £6 billion tax cut in business rates, delivering a 75% discount on business rates for the vast majority of small and medium-sized businesses as they emerge from this pandemic.