Government Response
The Minister provided detailed explanations for why the Government opposes certain Lords amendments. He highlighted the fiscal sustainability of the proposed higher multipliers and defended the targeted nature of support measures aimed at retail, hospitality, leisure properties and anchor stores. The Minister also emphasised that a sustainable business rates system is crucial for supporting growth and ensuring businesses pay their fair share. Defended the Government’s stance on the Bill by emphasising its targeted approach to those who need support and being fully funded. Rejected Lords amendments due to potential financial unsustainability or conflicts with manifesto commitments.