PARLIAMENTARY WRITTEN QUESTION
Retail Trade: Government Assistance (22 September 2022)

Question Asked

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to support retail businesses with (a) reduced footfall and (b) increased business costs.

Asked by:
Marsha De Cordova (Labour)

Answer

Eligible retailers continue to benefit from 50% businesses rates relief and the Government has frozen the multiplier for all businesses in 2022/23.

The recently announced Energy Bill Relief Scheme ensures that all businesses and other non-domestic customers are protected from excessively high energy bills over the winter period. The Growth Plan sets out government’s vision for a simpler, lower tax economy, delivering £45 billion of tax cuts by 2026/27, alongside a substantial package of supply-side reforms to start boosting growth.


Answered by:
Dame Jackie Doyle-Price (Conservative)
17 October 2022

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