Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Vicky Ford Excerpts
Tuesday 9th April 2019

(5 years ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Philip Hammond
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That is not an issue with which I am familiar, but I should be happy to hear more about it from the hon. Gentleman. Perhaps he would like to write to me in the first instance, setting out the details of his argument.

Vicky Ford Portrait Vicky Ford (Chelmsford) (Con)
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In Chelmsford we love our high street. Does my right hon. Friend agree that giving nine out of 10 of our shops a business rates reduction of up to £8,000 a year will help to create a more level playing field between online and bricks-and-mortar shops?

Lord Hammond of Runnymede Portrait Mr Hammond
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Yes. As I said earlier, it is essential for the high street to evolve to respond to the digital age, but there is no doubt that smaller shops need a breathing space in which to do so, and reducing their business rates this year and next will help them in that regard.