Business Rates

Catherine Atkinson Excerpts
Tuesday 27th January 2026

(1 week, 1 day ago)

Commons Chamber
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Dan Tomlinson Portrait Dan Tomlinson
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We want to work with the hotel sector on the review I have announced today. We will make sure it reports in time to be implemented by the Valuation Office Agency by the date of the next revaluation. For hotels at the very far end of the distribution of changes in rateable value—with an increase that large, I believe the one the hon. Member mentioned is—that is precisely why we have implemented the support we have. If it is worth less than £100,000, its increase will be capped at 15% this year; if it is worth more, its increase will be capped at 30%. We are aware that that is still an increase, but it is significantly less than it would have been if we had not stepped in to provide that support.

Catherine Atkinson Portrait Catherine Atkinson (Derby North) (Lab)
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It is understandable that covid-era business rates support needs to come to an end, and the 15% cap on increases for most hospitality businesses is a really important protection. I particularly welcome the Government’s acknowledgment of the central role that pubs—such as the Paddock in Chaddesden, the White Swan in Littleover and so many more across Derby—play in our communities. Will the Government continue to listen to and work with pubs, so that we can ensure they have certainty for the long term?

Dan Tomlinson Portrait Dan Tomlinson
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Yes, we will continue to work with pubs, because we do value them. I want to be clear, however, that we value all of the businesses on the high street. We value our hospitality businesses, our retail businesses and those that work in leisure and soft play, which I believe was mentioned earlier. All the different businesses that provide life and vibrancy on our high streets are important. I have set out the particular challenges of the rateable value methodology for pubs and the big challenges they have faced over the last 14 years, with 7,000 closing, but we want to make sure we continue to do all we can to support high streets in my hon. Friend’s constituency and across the country.

Oral Answers to Questions

Catherine Atkinson Excerpts
Tuesday 1st July 2025

(7 months ago)

Commons Chamber
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Torsten Bell Portrait The Parliamentary Secretary to the Treasury (Torsten Bell)
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The hon. Lady is right to highlight the question of pensioners’ living standards, and we are taking action right the way across the board to deal with that. She will have seen the increases in the state pension in April. We have seen nearly 60,000 extra awards for pension credit over the course of the year since last July, compared with the year previously. On her question about pre-1997 indexation, this issue was recently discussed at the Work and Pensions Committee, and we have set out our response to that Committee’s report.

Catherine Atkinson Portrait Catherine Atkinson (Derby North) (Lab)
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Backing Rolls-Royce, a brilliant Derby business, to deliver small modular reactors with £2.5 billion of investment shows what Labour’s new industrial strategy is about—backing British business, creating more skilled jobs and delivering clean, secure energy. Does the Chancellor agree that, after years of chaos under the Conservatives, Britain is unashamedly open for business?

Rachel Reeves Portrait Rachel Reeves
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I thank my hon. Friend for that question. We are proud as a Government to back Rolls-Royce, and to have it as our preferred provider for the small modular reactor programme, resulting in lower bills and more good jobs, particularly in Derbyshire.

Regional Growth

Catherine Atkinson Excerpts
Wednesday 4th June 2025

(8 months ago)

Commons Chamber
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Catherine Atkinson Portrait Catherine Atkinson (Derby North) (Lab)
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In the east midlands we have been raging for over a decade against the inequality that has left our region at the very bottom when it comes to spending on transport per person, and it has taken a Labour Government to start to put that right and begin to unlock the economic potential and raise living standards. Would my right hon. Friend agree that this represents a considerable achievement of our Mayor Claire Ward and shows that, after years in the pit stop, the regions are finally being given the green light to grow?

Darren Jones Portrait Darren Jones
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I thank my hon. Friend for welcoming the £2 billion of investment announced today for the east midlands. I have been on a number of visits to her region, including with Labour’s brilliant Mayor Claire Ward, who has made a very strong case for the investment being announced today. It shows the difference a Labour mayor can make. I also pay tribute to my hon. Friend and her colleagues from her regional group, who have campaigned as vociferously here as Claire Ward does from her mayoral office in the east midlands?

Oral Answers to Questions

Catherine Atkinson Excerpts
Tuesday 8th April 2025

(9 months, 3 weeks ago)

Commons Chamber
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Darren Jones Portrait Darren Jones
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My apologies, Mr Speaker. It was our ordering that caused the problem, not the ordering of questions in the House.

The right hon. Gentleman knows that tight decisions were taken at the Budget, but we have been very clear that we are working hand in glove with businesses to be able to bring growth back to the economy and to ensure that investment—private sector and public sector—is coming forward. As he will know, from his time of swimming underwater, this Government are taking a different approach to fiscal discipline, and he should welcome that.

Catherine Atkinson Portrait Catherine Atkinson (Derby North) (Lab)
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T5. The defence sector is a vital part of our local economy in Derby, particularly with the landmark £9 billion deal struck with Rolls-Royce, which is supporting the Royal Navy’s submarines and providing a major jobs boost. Does the Chancellor agree that national security goes hand in hand with economic security and, in turn, financial security for households?

Rachel Reeves Portrait The Chancellor of the Exchequer (Rachel Reeves)
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The first duty of any Government is to keep the nation safe. That is why we are increasing defence spending as a share of GDP to 2.5%—the biggest sustained increase in defence spending since the end of the cold war. Derby has a vital role to play within the UK’s defence sector, particularly in nuclear engineering and aerospace, as demonstrated by the landmark £9 billion deal with Rolls-Royce, which will create up to 1,000 jobs in the city and protect thousands more.

Public Spending: Inheritance

Catherine Atkinson Excerpts
Monday 29th July 2024

(1 year, 6 months ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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My right hon. Friend the Work and Pensions Secretary is considering that report as we speak.

Catherine Atkinson Portrait Catherine Atkinson (Derby North) (Lab)
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For my constituents, this mess goes beyond money. It is about trust in politics. Does the Chancellor agree that the damage goes even deeper than the harm to our economy that she has set out?

Rachel Reeves Portrait Rachel Reeves
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My hon. Friend is absolutely right. Today’s revelations of a £22 billion in-year overspend come on top of partygate and the handing of contracts to friends and donors to the Conservative party during the pandemic. That dents public trust. I have come to the House today to be open and transparent about the state of the public finances and the action that I will take to sort out this mess.