Hospitality Industry: Closures
The question
To ask the Secretary of State for Business and Trade, what steps are being taken to help reduce levels of closures of community pubs and high-street hospitality venues.
Answered by Kate Dearden
The Government recognises the vital role community pubs and high-street hospitality venues play in local economies and social life; we also recognise the pressures they face.
The Government has permanently lowered business rates multipliers for eligible Retail, Hospitality and Leisure properties and have introduced a £4.3 billion support package over the next three years to protect ratepayers from increases following the business rates revaluation. Additionally, through the English Devolution Bill, we have introduced a strong new ‘right to buy’ to help communities safeguard valued community assets, empowering local communities to reclaim and revitalise empty shops, pubs, and community spaces, helping to revamp our high streets and eliminate the blight of vacant premises
We will continue work closely with the sector, including through the Hospitality Sector Council to improve the productivity and resilience of hospitality businesses by co-creating solutions to the issues impacting business performance.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →