Non-Domestic Rating (Multipliers and Private Schools) Bill Debate

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Department: HM Treasury
Steve Yemm Portrait Steve Yemm (Mansfield) (Lab)
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Last week I visited Jacqueline, a franchise owner who, through sheer hard work and working her way up through the ranks, now runs a number of restaurant outlets in and around Mansfield. I witnessed at first hand her dedication to her business through the manner in which she motivates her staff as a business leader. For leisure and hospitality businesses such as Jacqueline’s, trading is tough, and has been made harder by the circumstances they were trading in—namely, the uncertainties surrounding business rates under the previous Government.

Locally, I stood on a platform to focus on five specific issues across Mansfield and Warsop, one of which was to help improve our town centre. Many in my local town centre are represented by the Mansfield business improvement district, and when I meet up with them, as I often do—sometimes together with representatives of the Shopkeepers’ Campaign—business rates come up time and again. It is clear that we need a fairer system that does not put an unreasonable burden on the small businesses that power our high streets, and that is why I welcome the reforms to business rates that are being made through the Bill.

The Bill will bring certainty and fairness to the retail, hospitality and leisure businesses that have been disproportionately disadvantaged by the current system. I am further pleased to see that the Bill creates the powers needed to ensure that we can make good on our promise to introduce permanently lower rates for those retail, hospitality and leisure properties that make up the backbone of our high streets, including in my constituency of Mansfield, and to pay for this with a higher multiplier for the most valuable properties.

As well as speaking with local businesses every week, I also visit schools across my constituency. Last week I visited a primary school that has not turned on the heating in the main part of its building for over 18 months and is reliant on the benevolence of local businesses to provide an essential breakfast club. It simply should not have to be that way, with schools relying on local businesses, and I am sure that it will not be that way under this Labour Government.

In my Mansfield constituency, more than one in four pupils are eligible for and claiming free school meals, and the schools they are taught in are crying out for additional resources to help those young people. We cannot afford to offer tax breaks to private schools operating as businesses when our children’s state education system, which is relied on by over 95% of the children in my constituency, is crumbling. That is why I will be voting to support this Bill, which will end those tax breaks on private schools and help to raise the revenue needed to fund this Government’s education priorities.