Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Bayo Alaba Excerpts
Tuesday 20th May 2025

(2 days, 13 hours ago)

Commons Chamber
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Jessica Toale Portrait Jessica Toale (Bournemouth West) (Lab)
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5. What steps she is taking with Cabinet colleagues to support growth in the night-time economy.

Bayo Alaba Portrait Mr Bayo Alaba (Southend East and Rochford) (Lab)
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7. What steps she is taking with Cabinet colleagues to support growth in the night-time economy in Essex.

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Torsten Bell Portrait Torsten Bell
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I completely recognise my hon. Friend’s point. Last autumn, alongside announcing immediate support for retail, hospitality and leisure properties, the Government published a discussion paper setting out our priorities for wider reform, and I know the Exchequer Secretary has met a wide range of businesses on this subject. We are delivering permanently lower business rates for these sectors, and we will announce further policy details at the Budget in the autumn.

Bayo Alaba Portrait Mr Alaba
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The Kursaal in Southend—the site of the first theme park in Europe—and the Freight House in Rochford were once iconic venues in my community and central to the night-time economy. Over the last 14 years, venues have been forced to close and heritage buildings have been left empty. What steps are the Minister and his Cabinet colleagues taking to protect the iconic heritage and cultural venues that are the backbone of our evening and local economies?

Torsten Bell Portrait Torsten Bell
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I have missed out on the particular historical gems that my hon. Friend mentions, but my daughter is a big fan of Southend so obviously I agree with him wholeheartedly. And the Government agree with my hon. Friend, which is why last December we announced the largest round of the community ownership fund, awarding £36 million to 85 projects across the UK. In fact, I agree with my hon. Friend so much that my own office is in the rejuvenated Albert Hall in Swansea, which has had previous incarnations as a cinema, a bingo venue and a music venue—but behaviour in that building is much better these days.