Oral Answers to Questions — Business, Innovation and Skills: Small and Medium-sized Businesses

Mike Wood: The business rates system is one of the major barriers to competitiveness for small and medium-sized enterprises. What plans do Ministers have to reform and alleviate some of that burden?


Sajid Javid The Secretary of State for Business, Innovation and Skills

My hon. Friend will know that the Chancellor announced a full review of business rates in the last Budget. It is important to note that although that will be a proper full review looking at what sensible changes can be made, it will stay fiscally neutral, so it will not be possible to satisfy everyone.