Hospitality Industry: Finance
The question
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of changes in the Autumn Budget on the hospitality sector.
Answered by Gareth Thomas
Hospitality businesses are at the heart of our communities and vital for economic growth. Following the budget I have met extensively with hospitality sector stakeholders including a meeting of the Hospitality Sector Council where we discussed the budget
The Government is creating a fairer business rate system, reducing alcohol duty on qualifying draught products and transforming the apprenticeship levy to support business and boost opportunities. All of these measures have been consistently demanded by the sector.
This work will be supported by the publication of The Small Business Strategy Command Paper next year.
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