Early day motion 579

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BUSINESS RATES FREEZE

That this House notes that more than one in nine shops are currently lying empty; understands that two successive rises in the universal business rate (UBR) of 4.6 per cent in 2011 and 5.6 per cent in 2012 have increased retailers' rates bill by more than half a billion pounds; is concerned that a further rise of 2.6 per cent, the RPI figure for September 2012 by which UBR increases are traditionally set, will add an estimated £175 million to the retail sector's rates bill; believes that, combined with tough trading conditions, this will result in a number of retail businesses ceasing to trade, more empty shops on the high street and fewer new jobs, especially for young people; and calls on the Government to recognise that the retail sector has already made its contribution, by freezing business rates in 2013 and reviewing the mechanism by which rates are increased to ensure a fairer and more sustainable formula for the future.

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Total number of signatures: 19

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Showing 19 out of 19

Name Party Constituency Date Signed
Aldous, Peter Conservative Party Waveney 07.11.2012
Anderson, David Labour Party Blaydon 18.10.2012
Campbell, Gregory Democratic Unionist Party Londonderry East 24.10.2012
Campbell, Ronnie Labour Party Blyth Valley 17.10.2012
Caton, Martin Labour Party Gower 25.10.2012
Coffey, Ann Labour Party Stockport 16.10.2012
Cooper, Rosie Labour Party West Lancashire 02.11.2012
Cunningham, Jim Labour Party Coventry South 23.10.2012
Dobbin, Jim Labour Party Heywood and Middleton 17.10.2012
Dodds, Nigel Democratic Unionist Party Belfast North 01.11.2012
Galloway, George Respect Bradford West 22.10.2012
George, Andrew Liberal Democrats St Ives 05.11.2012
Glindon, Mary Labour Party North Tyneside 24.10.2012
Henderson, Gordon Conservative Party Sittingbourne and Sheppey 18.10.2012
Mann, John Labour Party Bassetlaw 25.02.2013
Meale, Alan Labour Party Mansfield 23.10.2012
Riordan, Linda Labour Party Halifax 17.10.2012
Wilson, Sammy Democratic Unionist Party East Antrim 19.11.2012
Wright, David Labour Party Telford 01.03.2013