Meeting of the Parliament 21 February 2017
I have previously explained to Willie Rennie that the issue of non-domestic rates is most certainly complex. I can give further information on the profiling of it. I have covered how there are forecasts and the bringing of—[Laughter.]
I do not know why the Conservatives think that this is funny. A lot of businesses were keen to find out how the Government is supporting them, and I think that they will welcome a number of measures that have been outlined today.
I say to Willie Rennie that I think that capping is the right decision in the circumstances, rather than transitional relief. I have outlined how non-domestic rates financing has to work. I believe that we have the right package, and I believe that capping is appropriate as opposed to transitional relief, for the reasons that I have given. We will learn from what happens with this revaluation, and we will hear what recommendations Ken Barclay makes. I am happy to engage in a cross-party way to see how we can take the issue forward in a way that ensures that we get the balance right.