Business Rates: Devolution

(asked on 12th December 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government which of the "lower business rates multipliers" for retail, hospitality and leisure properties with a rateable value of less than £500,000 will be applied in (1) Wales, (2) Scotland, and (3) Northern Ireland; and what discussions they have held with devolved administrations on this matter.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 6th January 2026

Business rates is a devolved policy area. Therefore, the new retail hospitality and leisure multipliers will apply in England only.

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