UK Parliament / Open data

Ways and Means

Proceeding contribution from Lord Jackson of Peterborough (Conservative) in the House of Commons on Thursday, 10 May 2007. It occurred during Debate on bills on Rating (Empty Properties) Bill.

The hon. Gentleman touches on an important point. Does he agree that the Government have not looked at the macro-economic impact in respect of the cumulative impact on inflation that this change may well have? As he concedes, the cost will be passed on in the form of higher rents and service charges, which could potentially cancel out any overall benefits to the economy.