Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions her Department has had with JP Morgan on business rate discounts on offices in Canary Wharf with (a) JP Morgan and (b) Tower Hamlets Council.

HM Treasury holds regular discussions with a wide range of businesses on matters relating to the economy and the tax system. As part of this regular engagement with global investors, the Chancellor and Financial Secretary to the Treasury have met JP Morgan to discuss the proposed Canary Wharf development.