A question on #PublicBodies #BusinessRates tabled by Kevin Hollinrake on 22-04-2025 has been answered by James Murray.

Heading: Public Bodies: Business Rates
Question ID: 1795462
UIN: 46765
House: Commons
Date tabled: 2025-04-22
Asking Member ID: 4474
Asking Member display name: Kevin Hollinrake
Asking Member handle: kevinhollinrake
Asking Member Twitter reference: @kevinhollinrake
Member interest: false
Question text: To ask the Chancellor of the Exchequer, whether she plans to provide additional funding to public bodies for the increase in business rates for hereditaments with a Rateable Value above £500,000.
Is named day: false
Date of holding answer:
Date answered: 2025-04-30
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4797
Answering Member display name: James Murray
Answering Member handle: jamesmurray_ldn
Answering Member Twitter reference: @jamesmurray_ldn
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: To deliver our manifesto pledge, we intend to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, with rateable values below £500,000, from 2026-27. This tax cut must be sustainably funded, and so we intend to appl...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true