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Proceeding contribution from Phil Woolas (Labour) in the House of Commons on Thursday, 7 June 2007. It occurred during Debate on bill on Rating (Empty Properties) Bill.

Rating (Empty Properties) Bill

I will come back to that. The hon. Gentleman mentioned another important point earlier about rateable values and rent in different sectors. He and the hon. Member for Fareham referred to the impact of the internet on the retail sector. To take the argument to its logical conclusion, if every shop in this country found that its business was being done through the internet so that all the shops were empty, the rental value of those shops would be naught, zero or nothing! Nobody would want to rent them, so the empty property rent charge would be naught as well. The argument does not hold up.

Secondary information

Type
Proceeding contribution
Reference
461 c481-2 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Clubs Charities Business Competition Brownfield sites Business premises Contamination Environment protection Greater London Empty property Farms Land use Internet Economic situation Housing stock Local government finance Property Business rates Listed buildings Prices Pension funds Small businesses Tax allowances Valuation Sports Tenants Shops Retail trade Supermarkets Rents Rural areas Regeneration Vandalism Retail prices index Local Government Finance Funding Changes Independent Inquiry Land Use Planning Review
Legislation
Rating (Empty Properties) Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk