Commercial Property Debate

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Baroness Burt of Solihull

Main Page: Baroness Burt of Solihull (Liberal Democrat - Life peer)

Commercial Property

Baroness Burt of Solihull Excerpts
Wednesday 17th November 2010

(13 years, 6 months ago)

Westminster Hall
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Mark Pawsey Portrait Mark Pawsey
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I thank my hon. Friend for that contribution. I will make that point later in my remarks.

On the Government’s original intentions, they recognised some difficulty with the proposals, and the position was changed slightly in the November 2008 Budget report to exempt from business rates commercial and industrial properties with a rateable value of less than £15,000. Regrettably, that is below the value of Mr Summers’s property.

Baroness Burt of Solihull Portrait Lorely Burt (Solihull) (LD)
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I discussed the repercussions of the change with the previous Government on many occasions. I think that the level is £18,000 now, but in Solihull one cannot rent a broom cupboard for rates of £18,000 a year, as I know to my cost. I criticise the previous Government tremendously for the repercussions. I have constituents in Birmingham who are trying to rent out property for £1 a square foot just to absolve themselves of their problems with the rates. Will my hon. Friend exhort the Minister to consider whether, in this current economic climate, some form of marginal relief might be possible, just for the time being?

Philip Davies Portrait Philip Davies (in the Chair)
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Order. I remind Members that interventions, particularly in a half-hour debate, should be as short as possible.