To ask Her Majesty's Government what assessment they have made of the impact on shop closures of ending the business rates holiday.
16 February 2021
The unprecedented full business rates holiday for eligible retail, hospitality and leisure properties for the financial year is worth about £10 billion to businesses in 2020-21. The Government will continue to look at how to adjust its support in a way that ensures people can get back to work, protecting both the UK economy and the livelihoods of people across the country. The Government is considering options for reliefs for 2021-22 and will outline the next round of COVID-19 support measures at Budget.