Meeting of the Parliament 04 February 2026
Hospitality businesses continue to report higher rates and energy costs than their competitors elsewhere in the UK, with industry leaders warning that closures are increasingly likely. They want an immediate pause to revaluation. Lochside House hotel, in my area, has invested in its property and it now faces having its rates increased by £271,000. Businesses are getting penalised for investing. There simply is not an incentive to grow. In the light of collapsing business confidence and the calls from the sector, will the minister today commit to pausing the upcoming revaluation? If not, why not?