Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the potential impact of the cost of living crisis on the hospitality sector after April 2023.
This Department is working with the Hospitality Sector Council to deliver on our 2021 Hospitality Strategy to improve the resilience of hospitality businesses.
The Government recognise that hospitality businesses are facing cost pressures driven by global factors, including high energy and cost of living pressures.
The Energy Bill Relief Scheme ensures that all businesses and other non-domestic customers are protected from excessively high energy bills over the winter period.
My Rt. Hon. Friend Mr Chancellor of the Exchequer recently announced in his Autumn Statement that there will be an extended and increased relief for retail and hospitality businesses worth almost £2.1 billion. This is the most generous in year business rates relief in over 30 years, outside of Covid-19 support.