Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential impact of changes to the business rates multiplier on warehouses and logistics infrastructure on inflation since April 2026.

The Government has introduced a higher rate on the most valuable properties, which includes large distribution warehouses such as those used by online giants, to sustainably fund a tax cut for retail, hospitality and leisure properties with RVs below £500,000, which make up the backbone of England's high streets.

The OBR is responsible for forecasting the impact of Government policy decisions on inflation. The OBR has not published a specific estimate of the impact of the business rates multiplier on warehouses and logistics infrastructure on inflation.