Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he has made an assessment of the potential impact of changes in the level of business rates for film and TV studios on investment in that sector.

The Government recognises the importance of the film and TV sector to the UK and is committed to maintaining a competitive offer for studios. The Valuation Office Agency is working closely with the film studio sector and its representatives to review valuation evidence through a Group Pre-Challenge Review (GPCR).