The Financial Secretary makes the point about London, and I do not dispute the basic situation that he sets out. Does he accept, however, that London has two economies? There is the economy of the City and the west end, with very high rates, but there is also that of the many suburban town centres in London, which is often much more fragile and where vacancies often occur not for any improper reason, but because of the difficulties that landlords sometimes have in attracting new businesses. What assurance can he give us that they will not end up losers?
Rating (Empty Properties) Bill
Proceeding contribution from
Robert Neill
(Conservative)
in the House of Commons on Thursday, 7 June 2007.
It occurred during Debate on bills on Rating (Empty Properties) Bill.
About this proceeding contribution
Reference
461 c440 Session
2006-07Chamber / Committee
House of Commons chamberSubjects
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