UK Parliament / Open data

Business Rates and the Recession

Would my hon. Friend agree that the problem is not just the demolition of existing buildings? In Chesterfield, for example, a developer was planning to build three office blocks on a brownfield site at one of the gateways into the town. Having built one, and been hit by the empty business rate at a time of recession, it is not prepared to go ahead with the other developments. Those developments would have meant that office blocks were available to attract new businesses when we come out of recession.
Type
Proceeding contribution
Reference
490 c396 
Session
2008-09
Chamber / Committee
House of Commons chamber
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