Baroness Janke

Consideration of changes to the VAT threshold would have to carefully balance the potential benefits to businesses, the economy as a whole, and tax revenues.

The Chancellor makes decisions on tax policy at fiscal events in the context of the overall public finances. The Government keeps all taxes under review.

The Immigration White paper, published 12 May, set out proposed reforms in a number of areas, including to the shortage occupation list, further details of which will be set out in due course.

The home buying and selling process in England is cumbersome , taking an average of nearly five months to complete and a third of transactions fall through – this is holding up the property market.

We believe an improved home buying and selling system that is more efficient has the potential to help people move into their homes more quickly and plan their moves with more certainty. This will benefit the storage and removals sector by enabling more predictable moving timelines, helping businesses anticipate demand more effectively.

On 9 February we announced action to improve home buying and selling by digitalising the process. In collaboration with HM Land Registry, we are working with local authorities to digitise property data, introduce common data standards, and enable digital identity services for the property sector. More information can be found here: https://www.gov.uk/government/publications/hm-land-registry-local-land-charges-programme/local-land-charges-programme.