Business Rates and the Recession

As the House would expect, we are in close contact with businesses and have detailed discussions with those from all sectors and all parts of the country. I am conscious of the particular pressures in which business rates have played a part. I said earlier that the Prime Minister and Chancellor have made it clear that during this period of unprecedented economic downturn and pressure, we are prepared to take whatever action is needed to try help business and the economy through it.