Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, whether his Department has had discussions with HM Treasury on the potential merits of re-introducing a 75% retail, hospitality and leisure relief rate.

Without any Government intervention, Retail, Hospitality and Leisure (RHL) relief would have ended in April, creating a cliff-edge for businesses. We are providing support for retail, hospitality and leisure properties in the interim period leading up to the new permanent multiplier by providing 40% relief to RHL businesses on their business rates in 2025-26, up to a cash cap of £110,000 per business.  This is protecting the smallest properties by freezing the small business multiplier in 2025-26 and protecting over a million properties from inflationary bill increases.  We continue to work closely with HM Treasury on the challenges facing high streets and other businesses.