Meeting of the Parliament 17 December 2025
Indeed so. That is why the solution is not rates relief or tinkering around with the valuations—there is not enough time to do that. The solution is postponing the revaluation. It was done in 2022. It has been done before and it should be done again. That is the only way that this can happen. The First Minister acknowledged the serious problem last Thursday. If the revaluation is not postponed, the assessors will be akin to assassins; they will destroy businesses because the business rates will exceed the whole annual income of thousands of businesses. How on earth is that allowed to happen? The Government must step in.
The revaluation must be postponed by the Government, or it will cause commercial Armageddon.
17:23