Part of Business, Energy and Industrial Strategy – in the House of Commons at 12:00 am on 31st January 2017.

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Photo of Margot James Margot James Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy) 12:00 am, 31st January 2017

The Treasury has no plans specifically for shared work spaces, but at the last Budget, the Chancellor announced £6.7 billion of cuts to benefit all business rate payers. They include permanently doubling small business rate relief and increasing the thresholds from 2017.