Written question asked by Jim McMahon (Labour) on Friday, 21 November 2025, in the House of Commons. It was due for an answer on Tuesday, 25 November 2025. It was answered by Miatta Fahnbulleh (Labour) on Monday, 1 December 2025 on behalf of the Ministry of Housing, Communities and Local Government.

Markets

Question: To ask the Secretary of State for Housing, Communities and Local Government, what measures has the government taken to help ensure that outdoor and indoor markets are sustainable.

Answer

The Government believes markets have an important economic and social role at the heart of many communities. It is for local authorities, not central government, to make decisions on running, supporting and investing in local markets in their areas.

From 2026/27, we are introducing permanently lower business rates multipliers for retail, hospitality, and leisure properties with rateable values below £500,000, including markets. This permanent tax cut will ensure that eligible markets benefit from much-needed certainty and support.

Communities can also choose to invest in markets through the Government’s Pride in Place programme, which will provide £20 million over 10 years to 244 of the most deprived places in the UK.

Secondary information

Type: Written question
Reference: 93408
Session: 2024-26
Transferred: Yes
Subjects: Markets
Link: View this Written question on www.parliament.uk

Markets

Secondary information

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