questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the combined effect of higher rateable values and reduced business rates relief on (a) the number of hospitality businesses and (b) vacancy rates on high stree
answerText: The amount of business rates paid on each property is based on the rateable value of the property, assessed by the Valuation Office Agency (VOA), and the multiplier values, which are set by the Government. Rateable values are re-assessed every three years...
heading: Hospitality Industry and Retail Trade: Business Rates