Business Rates: Retail, Hospitality and Leisure

Paul Holmes Excerpts

Monday 19th January 2026 Commons Chamber

[Dan Tomlinson]

York high street, in my hon. Friend’s constituency, is a beautiful and wonderful place where there are many fantastic businesses. I worked there for a time. I know that Members in all parts of the House value the businesses that keep their high streets vibrant and thriving. We are taking steps, and we took steps in the Budget, to support high street businesses through our £4.3 billion of support, and we will continue to engage with Members and with businesses on the further steps that we can take to support them.

[Paul Holmes (Hamble Valley) (Con)]

The Minister is talking in numbers, but out there on the doorsteps and in the streets and high streets, I have met a café owner and a publican whose businesses are busier than ever—they are selling more drinks and more food—but whose top line is shrinking because of the decisions being made by this Government. One landlady was in tears as she spoke to me about whether she should carry on, directly because of this Government’s policies. What advice would the Minister give her?

[Dan Tomlinson]

I hope that when the hon. Member was conversing with businesses in his constituency, he explained that this year, if a pub has a rateable value of less than £100,000, the policy as set out in the Budget will have capped those increases at 15%. I think it important for Members to do all that they can to help business owners pick through the complexities of the business rates system. It is a complicated system: there are many different reliefs, and there is a difference between the tax rates that are paid, the relief that is applied and the rateable value of the property. Of course some businesses are seeing their rateable values increase as we unwind from the pandemic, but that is precisely why the Government included that package of support in the Budget.