Hospitality Businesses Debate
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(1 day, 10 hours ago)
Lords Chamber
Lord Stockwood (Lab)
I believe the original Question was about helping the hospitality sector. The comment about housing is outside the purview of my domain of expertise as Minister for Investment. However, the Government are investing in young people’s futures holistically. We have seen a sharp decline in apprenticeships. We are trying to implement a new foundation apprenticeship to give young people a route into critical sectors. While I acknowledge that housing is a critical part of that, making the economy grow more holistically is a way that we can ensure that the hospitality sector works in its own right.
Can you please decide who is going to ask a question on the Conservative Benches?
I am grateful to my noble friend. I listened very carefully to the Minister, but he did not answer the question about hotels, particularly family-run hotels. Their rates bills are going to rise by even more than pubs’ and there is no help coming for them. What are they to do? They run fantastic businesses, which attract people to rural areas in particular, but they face rises in their business rates of over 100% in April.
Lord Stockwood (Lab)
The department is in constant dialogue with all industry sectors, including the hotel sector. We are trying to balance support for the overall economy with the need to be fiscally responsible in this Parliament as well. We continue to take feedback and will respond to that, but today we are focused on cutting rates overall, which, as I have said, has been on the agenda within the last couple of Parliaments, but we have taken it head on.