Business Rate Supplements Bill

There has been considerable debate on and analysis of this policy area for some time, not least in the contributions and evidence to Sir Michael Lyons’s inquiry. As I have tried to explain, we have judged that the right balance between the competing interests is that one third of the cost of any large project is the appropriate point to trigger a vote of businesses that may be liable to pay the supplement. However, we will no doubt scrutinise that in more detail as the Bill I hope proceeds through the House.