Conservative response to Labour's business rates announcement

Andrew Griffith MP, Shadow Secretary of State for Business, said:

Whilst any support for Britain's hard-pressed businesses is welcome, once again this Government has been found wanting on both the detail and funding for this policy.

We are days into the Burnham premiership and as yet the Government has not been able to credibly explain how it will fund any one of its new' policies. 

That undoubtedly means more Labour tax rises that families and businesses across the country cannot afford.

Only the Conservatives have a fully funded plan, backed by a £47 billion savings plan, to abolish business rates entirely for the vast majority of high street businesses.