questionText: To ask the Chancellor of the Exchequer, with reference to her email of 7January 2026 acknowledging receipt of my letter ref MC2025/27941, whether she will set out (a) the reasons for the widely differing changes to rateable values and (b) her Department’s longer-term projections for reliefs to reduce the business rates burden on the hospitality sector.
answerText: At the Budget, the Valuation Office (VO) announced updated property values from the 2026 revaluation. This revaluation is the first since the pandemic, which has led to significant increases in rateable values for some properties. The VO are independent a...
heading: Hospitality Industry: Business Rates