Reducing Costs for Businesses — 11 Jan 2022 at 18:55

The majority of MPs voted for business rates reform, for allowing businesses flexibility on Government loans and for a contingency fund to support businesses with high energy costs.

The motion supported by the majority of MPs in this vote was:

• That this House
• recognises the strain that businesses are under following a difficult Christmas period and two years of disruption during the covid-19 outbreak;
• notes challenges are more severe in some sectors;
• regrets that businesses are struggling with increasing energy costs, high inflation, low growth and higher taxes as a result of the Government’s long-term failures and lack of adequate support; and therefore
• calls on the Government to reform business rates, to alleviate the debt burden by allowing businesses flexibility on Government loans and to implement a contingency fund to support businesses with high energy costs.

Debate in Parliament |