Oral Answers to Questions Debate

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Department: HM Treasury
Tuesday 11th December 2018

(6 years ago)

Commons Chamber
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John Glen Portrait The Economic Secretary to the Treasury (John Glen)
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The City is very content with the deal we have on financial services, under which we would seek and secure enhanced equivalence decisions six months before the end of the implementation period, and the degree of dialogue with and support from the City has been constant throughout.

Stephen Kerr Portrait Stephen Kerr (Stirling) (Con)
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Given the £900 million of additional funding for the Scottish block grant announced in the Budget, what discussions has the Chancellor had with the SNP Scottish Government about following his example and cutting business rates?

Elizabeth Truss Portrait Elizabeth Truss
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My hon. Friend makes a very good point. I have regular meetings with the Scottish Finance Secretary, and of course the Scottish Government have the opportunity in their budget tomorrow to match the business rate cuts we have made in England.