UK Parliament / Open data

Business Rates and the Recession

That, of course, is precisely what has not happened in the case of companies such as Ahlmark Shipping and other companies subject to port rating. They were given no notice of any kind. Many renegotiated their rent, sometimes on contracts that ran five or even as many as 30 years ahead, on the basis of the existing cumulo arrangement. Will the Minister at least accept that even if the logic of his argument is correct—I do not accept that it is—recalculating those payments cannot then be a private matter between the port employer and the port tenant? Often, those employers who have benefited, who, in many cases, were warned about the changes when their tenants were not, are competing against their tenants who have warehouses on a different rating.
Type
Proceeding contribution
Reference
490 c388 
Session
2008-09
Chamber / Committee
House of Commons chamber
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