Written questions

Recording Studios: Business Rates

Lords · Question HL14516 · Tabled 11 Feb 2026 · Treasury · Official record

Answered 23 Feb 2026

Question

Asked by Lord Bassam of Brighton

To ask His Majesty's Government what is their estimate of the net annual cost to the Treasury of freezing business rates on recording studios.

Answer

Answered by Lord Livermore, 23 Feb 2026

The Government has no current plans to freeze business rates for recording studios. At the Budget in November 2025, the Government announced a £4.3 billion support package to support ratepayers across all sectors seeing bill increases. This includes a red...