If she will make an assessment of the potential impact of regulatory costs on small and medium-sized enterprises. The questioner notes that there is a significant concern within her constituency about the cumulative effect of regulatory compliance costs on SMEs' profitability and sustainability.

I note that the Minister welcomed yesterday's Budget as helping small businesses, particularly in the hospitality sector, which is very hard hit in my constituency. Many businesses report problems with the current business rates system; more businesses have failed than established over two and a half years. In Scotland, downsides of this Government's policy are passed on by the Scottish Government but benefits aren't reciprocated. We want complete reform—not just tinkering—but widespread change. Can the Minister tell us if such reforms are planned? How would they be implemented to ensure businesses in Scotland also benefit?