Bills Presented – in the House of Commons at 2:18 pm on 13 November 2024.
Presentation and First Reading (
Secretary Angela Rayner, supported by the Prime Minister, the Chancellor of the Exchequer, Secretary Bridget Phillipson, Catherine McKinnell, Jim McMahon, Stephen Morgan and James Murray, presented a Bill to make provision for, and in connection with, the introduction of higher non-domestic rating multipliers as regards large business hereditaments, and lower non-domestic rating multipliers as regards retail, hospitality and leisure hereditaments, in England and for the removal of charitable relief from non-domestic rates for private schools in England.
Bill read the First time; to be read a Second time tomorrow, and to be printed (Bill 129) with explanatory notes (Bill 129-EN).
A proposal for new legislation that is debated by Parliament.
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
