Question to the HM Treasury:
To ask the Chancellor of the Exchequer, when each of the measures announced in Budget 2020 to mitigate the effects of covid-19 will be implemented to support businesses that are adversely affected.
On 17 March, in response to Covid-19, the Government introduced a 12 month business rates holiday for all eligible retail, leisure and hospitality businesses in England, including Southwark, with no cap on rateable values. Eligible businesses, large and small, will benefit from this exceptional step worth an additional £9.5bn in 2020-21.