Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will take steps to provide provide financial support for communities seeking to bring disused pubs back into use.
The Government recognises the important role pubs play on our high streets and in community spaces and we want to see them thrive.
That is why we have funded a wide range of community assets, including pubs, through the Community Ownership Fund. On 23 December 2024, this Government announced the outcome of Round 4 of the Community Ownership Fund, the largest ever round to date which approved funds for 6 community pub projects.
Through The Hospitality Support Scheme, we are working with Pub is the Hub and providing funds to help community pubs adapt to changing local needs, ensuring these vital social hubs continue delivering for their communities.
As part of the English Devolution Bill, the Government will legislate to introduce a strong new ‘right to buy’ for valued community assets, such as empty shops, pubs and community spaces. This will empower local people to bring community spaces back into community ownership and end the blight of empty premises on our high streets. More details will be announced in due course.
In addition, we will soon be publishing our Small Business Strategy, which will announce further measures to support small businesses in the pub and hospitality sector which will help revitalise high streets.