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Penny Mordaunt: ...Houchen has managed to secure £200 million to invest in local rail, and he has a new bypass on the way; he has increased the employment rate by 3% above the national average; and he has future business rates revenues, which are projected to be about £1.4 billion to date. He gets on and delivers. Labour ought to be taking notes, rather than smearing him and the hard-working people of...
Claire Baker: ...-specific action and lack of engagement with the sector. For the second year, although Barnett consequentials of around £260 million have come to Scotland through the retail hospitality and leisure business rates relief scheme, no similar scheme has been introduced here. Wales has introduced such a scheme and Scottish businesses describe operating at a disadvantage.
Elin Jones: The next votes are on item 12, the Welsh Conservatives debate on business rates relief. I call for a vote on the motion without amendment, tabled in the name of Darren Millar. Open the vote. Close the vote. In favour, 14, no abstentions, 36 against. Therefore, the motion is not agreed.
Laura Anne Jones: ...succeed on the big stage. It's not just the next generation who will fail to be inspired, but it's also that this will hurt businesses at a time that they're already reeling from COVID or higher business rates, as we heard in the last debate. The six nations provides a much-needed boost to local businesses, particularly those in the hospitality industry. In 2015, it was reported that...
Carolyn Thomas: ...their careers. It is a tale of two halves, though. The small grass-roots venues are struggling with inflationary pressures. People are not returning post COVID and are concerned about rising business rates. I heard on BBC Radio Wales last week a discussion about how the Welsh Rugby Union and the Football Association of Wales support small grass-roots clubs, and it would be great if the...
Nigel Huddleston: ...a million rate payers and 90% of all properties from a multiplier increase. For example, as a result of the changes, the average independent pub will receive about £11,800 of relief off their final business rates bill in 2024-25. Combined with the small business multiplier being frozen, they will benefit to the tune of about £12,800 of support. I repeat: that is not the level of support...
Lord Offord of Garvel: ...proportion of liquidations is well below previous periods of high insolvency numbers. The Government continues to help businesses with measures such as the Energy Bills Discount Scheme; the frozen business rates multiplier for 2023/24 resulting in bills that were 6% lower; increased 75% business rates relief for retail, hospitality and leisure properties; £1.6bn Transitional Relief,...
Kemi Badenoch: ...bound by EU state aid rules, we are driving growth in our coastal communities through our Freeports programme. In Teesside – the UK’s biggest and first operational port – our tax reliefs, business rates retention policies and investment are helping to generate millions for the local economy while creating thousands of new jobs. The Government is leveraging our post-Brexit freedoms...
Meghan Gallacher: The Music Venue Trust welcomed the Chancellor of the Exchequer’s announcement that he would continue the 75 per cent relief to business rates for grass-roots music venues. That support is vital to keeping those community venues open, but it has not been replicated in Scotland. Grass-roots music venues are concerned about their future. Does the cabinet secretary realise that decisions taken...
Sarah Atherton: Welsh Labour’s reduction of business rates relief from 75% to 40% is already having an impact, with small businesses in Wrexham saying that they are going to fold. Despite the UK Government maintaining the rate at 75%, the Welsh Government are focusing more on wasting £140 million on a 20 mph scheme and increasing the number of Senedd politicians. Does the Secretary of State agree that the...
Natasha Asghar: ...ever. Our economy here in Wales is struggling, having extremely poor business survival rates, which probably has something to do with the fact that Welsh Government punishes them with the highest business rates that we've seen in Great Britain. Twelve Welsh towns find themselves in a list of the top-20 most economically fragile in the UK, and 28 per cent of children in Wales are living in...
Simon Hoare: ...not know, but if it is half as good as Yeovil College, it is excellent. My hon. Friend the Member for Yeovil talked about the role of trying to attract business and he is absolutely right, because business rates help to grow the services. If he thinks of Leonardo and Yeovil College in his own constituency, the giga-factory investment not far from Bridgwater that my hon. Friend the Member...
Lord Udny-Lister: ...? I went to the site in my former role as chairman of the Homes and Communities Agency many years ago. The report shows that there are now 9,000 jobs on the site and nearly £1.5 billion-worth of business rates being created, yet there is an awful lot being said here in criticism of something that is actually showing real levelling up taking place.
Liz Twist: I thank the hon. Member for that intervention, but this matter is about planning and giving local authorities powers to decide what is best for their own areas. There is a challenge. We will scrap business rates and bring in a fairer system, which would reduce the burden on high street premises. We will tackle antisocial behaviour by introducing new town centre police patrols and putting an...
Kevin Hollinrake: ..., maintaining the 5p cut for a further year, introducing the energy bills discount scheme and reversing the national insurance rise. In the autumn statement, the Chancellor announced a substantial business rates package to support the UK’s small businesses worth £4.3 billion over the next five years.
Mike Hedges: ...total level of support that the Government provides to local authorities. This support is made up of the revenue support grant specific formula and ring-fenced grants and the amount distributed from business rates. Unfortunately—and I say this almost every year—the Welsh Government refuses to publish the SSA calculations for each authority. Whilst this would be long for each authority...
Gareth Davies: ...to some of the spending cuts that have been made in the 2024-25 budget, and have been particularly critical of the cuts to social services, leaving a funding gap of £646 million, and cuts to business rates relief. People in Wales are seeing their tax bills go up, with the Labour-run local authorities raising council tax on average 8.46 per cent across Wales, whilst the productive bit of...
Rebecca Evans: ...is different here in any case. Small businesses here account for a much higher proportion of the total rates revenue in Wales compared to England—more than double, in fact. So, the cost of small business rates relief here in Wales is fully funded by the Welsh Government, and it does make up around 10 per cent of total rates revenue compared to just 4 per cent in England. So, the choices...
Mike Hedges: ...'s difficult to legally avoid, while taxes where it's easy to reduce payments, such as corporation tax and income tax, are not generally complained about. Does the Minister agree that any reform of business rates must be property related and based upon the turnover of businesses? And listening to Radio 4 this morning, we've seen rent increases of over 20 per cent for music venues in...