Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her reference to warehouses in the Budget statement, Hansard 26 November 2025, Col 395, in relation to Business Rates was referring to Valuation Office Agency Special Category Code 151.

The reference to warehouses in the Chancellor's Budget speech relates to all warehouses with rateable values of £500k and above, including those in the Valuation Office Agency Special Category Code 151.