Question to the HM Treasury:
To ask the Chancellor of the Exchequer, further to the urgent question of 19 January 2026 Official Report, Column 25 on Business Rates: Retail, Hospitality and Leisure, whether it is her policy that business support for Retail, Hospitality and Leisure is reduced relative to 2024-25 levels.
The Government is introducing new permanently lower tax rates for eligible retail, hospitality and leisure (RHL) properties. These new tax rates are worth nearly £1 billion per year and will benefit over 750,000 properties.
The new RHL tax rates replace the temporary RHL relief that has been winding down since the pandemic. Unlike RHL relief, the new rates are permanent, giving businesses certainty and stability, and there will be no cap, meaning all qualifying properties on high streets across England will benefit.