Oral Answers to Questions Debate
Full Debate: Read Full DebateSarah Dyke
Main Page: Sarah Dyke (Liberal Democrat - Glastonbury and Somerton)Department Debates - View all Sarah Dyke's debates with the Department for Business and Trade
(1 day, 14 hours ago)
Commons Chamber
Blair McDougall
I am envious of my hon. Friend’s meeting Lee Child. If I had known, I might have asked him to put in a word for me to be the next Jack Reacher —I think I have the build for the role.
The Government continue to reach businesses through the West Yorkshire mayoral authority’s £1.4 billion investment over 30 years, including £30 million annually for local priorities. The West Yorkshire growth hub, along with help to grow and the apprenticeship reforms we have announced, will further boost local skills and productivity. SMEs in West Yorkshire will also be able to access the Made Smarter adoption pilot programme for professional and business services—a particular strength of my hon. Friend’s part of the world—with the aim of driving productivity through digital adoption and skills investment. We will continue to work with him to make those programmes a success.
The Parliamentary Under-Secretary of State for Business and Trade (Kate Dearden)
Hospitality businesses, including those in Glastonbury and Somerton, are vital to our communities and city centres. We have introduced permanently lower tax rates for retail, hospitality and leisure properties with a rateable value under £500,000, worth nearly £900 million annually and benefiting over 750,000 properties. The new relief rates are permanent, giving businesses that certainty and stability, and there will be no caps—all qualifying properties will benefit. We have also introduced a £1.5 million hospitality support scheme to co-fund projects aligned with Department for Business and Trade and Hospitality Sector Council priorities.
Earlier this week I met children from Ilchester community primary school. Maeve, who is in year 6, told me her No. 1 concern is the pressure on local businesses. Glastonbury and Somerton has many wonderful hotels and restaurants, like the Hollies in Bower Hinton, but many will face an average rates increase of 76% from April without transitional support. What action is the Minister taking to prevent a crisis in the hospitality sector and ensure that businesses like the Hollies can thrive?
Kate Dearden
We absolutely recognise the significant contribution made by hospitality businesses to economic growth and social life in the UK, including the hon. Member’s constituency. With the temporary pandemic business rates relief coming to an end and the first independent revaluation since the pandemic taking effect next April, we are putting in place a £4 billion support package, so that most properties seeing increases will see them capped at 15% or less next year, or £800 for the smallest. We inherited support schemes that the previous Government had put in place with no funding for them to continue. I thank her for raising this matter today and am happy to discuss it further.