Hospitality Businesses

12 Dec 2024Economy & Jobs (General)Tax & Public FinancesLocal Government
Rebecca PaulConservative and Unionist PartyReigate11 words

5. What steps he is taking to support the hospitality sector.

Sir John WhittingdaleConservative and Unionist PartyMaldon11 words

7. What steps he is taking to support the hospitality sector.

Gareth ThomasLabour PartyHarrow West77 words

Hospitality businesses are at the heart of our communities and are vital for economic growth. The Government are creating a fairer business rates system, reducing alcohol duty on qualifying draught products and reforming the apprenticeship levy to support businesses and boost opportunities. We are addressing strategic issues for the hospitality sector relating to high-street regeneration, skills, sustainability and productivity, and that work will be supported by the publication of the small business strategy Command Paper next year.

Rebecca PaulConservative and Unionist PartyReigate72 words

In Reigate, Redhill, Banstead and our villages, we have many amazing pubs that contribute hugely to the economy, such as the Garibaldi community pub in Redhill. For those businesses to thrive, reform of the unfair business rates system by 2026 is critical. Will the Minister commit to the proposed 20p reduction to the small business rate multiplier, which is the absolute minimum reduction needed for the long-term sustainability of the pub sector?

Gareth ThomasLabour PartyHarrow West43 words

The hon. Lady will know that the Chancellor of the Exchequer committed in the recent Budget to a series of reforms to business rates, including permanently lower business rates for hospitality businesses from 2026-27. I welcome the hon. Lady’s support for that measure.

Sir John WhittingdaleConservative and Unionist PartyMaldon65 words

UKHospitality has estimated that the Budget measures will increase the cost of employing one employee by £2,500. Shops, pubs and restaurants across my constituency have said that that will lead to higher prices or fewer jobs. Will the Minister at least consider delaying the implementation of the national insurance contribution increase to 2026-27, when the planned realignment of business rates is due to come in?

Gareth ThomasLabour PartyHarrow West51 words

I am sure that the right hon. Gentleman will have noticed that in the Budget, the Chancellor more than doubled the employment allowance to £10,500. That will mean that more than a million small businesses, many of them hospitality businesses, will see no increase in their national insurance liabilities next year.