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Hospitality Industry: Colne Valley

Asked by Paul DaviesLabourDepartment for Business and TradeTabled Answered 5 November 2024UIN 10020

The question

To ask the Secretary of State for Business and Trade, what further steps he plans to take to support the hospitality sector in the Colne Valley constituency.

Answered by Gareth Thomas

Hospitality businesses, including those in Colne Valley, are at the heart of our communities and vital for economic growth. That is why the Government is creating a fairer business rate system by introducing permanently lower tax rates for retail, hospitality, and leisure businesses from 2026-27 and extending the current relief for 1 year at 40%.

The government is also reducing alcohol duty on qualifying draught products, representing an overall reduction in duty bills of over £85m a year.

We will transform the apprenticeship levy into a more flexible growth and skills levy to better support business and boost opportunity.

Through the Hospitality Sector Council, we are addressing strategic issues for the sector related to high street regeneration, skills, sustainability, and productivity.

The department also provides support through the Business Support Service and network of Growth Hubs – including the West Yorkshire Business Support Service.

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