Markets

(asked on 21st November 2025) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, what measures has the government taken to help ensure that outdoor and indoor markets are sustainable.


Answered by
Miatta Fahnbulleh Portrait
Miatta Fahnbulleh
Parliamentary Under-Secretary (Housing, Communities and Local Government)
This question was answered on 1st December 2025

The Government believes markets have an important economic and social role at the heart of many communities. It is for local authorities, not central government, to make decisions on running, supporting and investing in local markets in their areas.

From 2026/27, we are introducing permanently lower business rates multipliers for retail, hospitality, and leisure properties with rateable values below £500,000, including markets. This permanent tax cut will ensure that eligible markets benefit from much-needed certainty and support.

Communities can also choose to invest in markets through the Government’s Pride in Place programme, which will provide £20 million over 10 years to 244 of the most deprived places in the UK.

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