Retail Trade: Business Rates
Commons · Question 81057 · Tabled 10 Oct 2025 · Treasury · Official record
Answered 16 Oct 2025
Question
Asked by Gregory Stafford
To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential impact of the higher business rates multiplier for larger premises on (a) the prices of essential goods, (b) shop closures, (c) regional employment leve
Answer
Answered by Dan Tomlinson, 16 Oct 2025
The Government is creating a fairer business rates system that protects the high street, supports investment, and is fit for the 21st century. As set out at Autumn Budget 2024, the Government will introduce permanently lower tax rates for retail, hospital...