Autumn Statement

Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 1:25 pm on 3rd December 2014.

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Photo of George Osborne George Osborne The Chancellor of the Exchequer 1:25 pm, 3rd December 2014

My hon. Friend is a champion of small businesses in Worcester and infrastructure investment in Worcestershire and that part of England, and I thank him for his representations. In part because of those representations, we have been able to help with business rates and high street shops in the statement. We now want a review of business rates, but it must be done in a way that is consistent with stable public finances. It is appropriate to consider how the modern economy has changed and the impact of things such as the internet, and that is why we are undertaking that big review.