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Uniform Business Rate

Volume 129: debated on Wednesday 9 March 1988

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32.

To ask the Chancellor of the Duchy of Lancaster what effects he expects the uniform business rate to have on his Department's regional policy.

The introduction of the uniform business rate will mean that firms throughout the country with premises of the same rateable value will pay the same rates. This will be of enormous benefit to my Department's policy of encouraging enterprise in the regions.