Business Rates: Retail, Hospitality and Leisure

Toby Perkins Excerpts

Monday 19th January 2026 Commons Chamber

[Dan Tomlinson]

The changes at the Budget led to a reduction in the tax rate paid by businesses on the high street. That was a result of the reforms that this Government have brought in. We have been clear about the need to start the work to rebalance the business rates system to support our high streets. Because the pandemic relief is being unwound over the coming years—something that the previous Government would have done overnight in 2025, had they won the general election—and because of the increase in business rate values as we come out of the pandemic, some businesses are seeing increases in their bills. We have capped those increases significantly this year and over the coming three years, providing £4 billion of support. On the hon. Member’s point about updates being made in the usual way, it is of course possible for Ministers to make statements in the House.

[Mr Toby Perkins (Chesterfield) (Lab)]

My hon. Friend is absolutely right to say that the Opposition have no credibility on this issue. We know that had they won the election, either we would have seen these increases quicker, or the black hole would have been even bigger. None the less, it is true that many pubs are really concerned, and are under the impression that further help is coming. They are trying to make accounting decisions right now. Can he say any more about whether their bills will be exactly what they are expecting right now, or whether further help will come before April?

[Dan Tomlinson]

I am grateful to my hon. Friend for making the important point that the last Government had no plans to continue to extend the pandemic support. As for his other question, I will not comment today on the speculation. He and others can see the words that the Prime Minister and the Chancellor have said about this matter at the Dispatch Box and during various media interviews, and I have no more to say about it.