Business of the House

Part of the debate – in the House of Commons at 11:36 am on 3 December 2020.

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Photo of Jacob Rees-Mogg Jacob Rees-Mogg Lord President of the Council and Leader of the House of Commons 11:36, 3 December 2020

The hon. Lady and I share a local authority. We therefore have a considerable joint interest in local businesses in our area doing well. We are well aware that the rates and indeed rents paid by businesses, particularly in her constituency, are fundamental to the finances of the local council that covers both our areas, so the importance and prosperity of local businesses are fundamental.

As I said earlier, the Government are undertaking a fundamental review of the business rates system, and are currently considering responses to the call for evidence. A final report setting out the full conclusions of the review will be published in spring 2021, so there will be an opportunity to consider that then. As I said, there will be an opportunity to debate it next Thursday, and I hope that the hon. Lady will participate in that debate.