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Written question asked by James Naish (Labour) on Friday, 15 May 2026, in the House of Commons. It was due for an answer on Tuesday, 19 May 2026. It was answered by Dan Tomlinson (Labour) on Tuesday, 26 May 2026 on behalf of the Treasury.

Logistics and Storage: Government Assistance

Question

To ask the Chancellor of the Exchequer, what steps her Department is taking to support storage and logistics-based businesses.

Answer

The Government recognises the important role that storage and logistics-based businesses play in supporting economic growth, trade and supply chains across the UK.

The Government is supporting these sectors through a range of measures, including through maintaining permanent full expensing to encourage investment in qualifying plant and machinery, and investing in infrastructure and planning reform to improve connectivity and the efficient movement of goods.

At the Budget, the VOA announced updated property values from the 2026 revaluation. This revaluation was the first since the pandemic, which has led to significant increases in rateable values for some properties as they recover from the pandemic.

To respond to those who are seeing large increases, the Government has already acted to limit increases in bills, announcing a support package worth £4.3 billion package at the Budget.

Secondary information

Type
Written question
Reference
1724
Session
2026-27
Grouped for answer
Yes
Subjects
Business Government assistance Storage Logistics
Link
View this Written question on www.parliament.uk