Business: Closures

Summary

To ask the Chancellor of the Exchequer, how many high street businesses in (a) Wellingborough constituency, (b) Northamptonshire and (c) England have closed in each of the last five years; and whether she plans to make changes to the level of business rat

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Timeline

1. 29 July 2024

   Written question

   To ask the Chancellor of the Exchequer, how many high street businesses in (a) Wellingborough constituency, (b) Northamptonshire and (c) England have closed in each of the last five years; and whether she plans to make changes to the level of business rat

   Source: Commons

2. 5 September 2024

   Answer

   Data is not collected by the government on high street closures. The government is committed to a fairer business rates system. The retail sector accounts for approximately 21% of Rateable Value but only contributes 5% to Gross Value Added (GVA). In our m...

   Source: Written answer

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• · Treasury · Answering body

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