Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, how much and proportion of local government core spending power was compromised of locally-retained business rate receipts in the 2024-25 financial year; and what estimate her Department has made of the revenue from locally-retained business rate receipts in the 2025-26 financial year.

Locally retained business rates are £13.5 billion or 21% of LGFS CSP in 24/25.

Information for 2025-26 will be included in the forthcoming Local Government Finance Settlement.