Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate she has made of increase in business rate receipts in England from 2025-26 to 2026-27 as a consequence of the CPI inflation uprating.
Details on business rates receipts for 2025-26 and 2026-27 are set out in the OBR’s economic and fiscal outlook.
The further support for pubs and live music venues will be scored at a fiscal event in the usual way.
In the coming financial year, because of the government’s interventions, the business rate system is raising broadly the same amount of revenue as it was forecast to before the Budget in Spring 2025.