Oral Answers to Questions Debate

Full Debate: Read Full Debate
Department: HM Treasury

Oral Answers to Questions

Ashley Fox Excerpts
Tuesday 4th March 2025

(1 month ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Darren Jones Portrait Darren Jones
- View Speech - Hansard - - - Excerpts

To ensure that we protect the country from the devastating impacts of flooding, we have committed £2.65 billion over 2024-25 to 2025-26 to improve flood defences, and we have established a flood resilience taskforce to feed into our decisions on future spending, which will report in due course.

Ashley Fox Portrait Sir  Ashley  Fox  (Bridgwater)  (Con)
- View Speech - Hansard - -

T8.   Bridgwater’s 77 pubs, including the Crossways Inn in West Huntspill, are at the heart of our local communities, yet the sector overpays £500 million in business rates relative to turnover. Will the Chancellor commit to the British Beer and Pub Association’s call for a 20p cut in the small business multiplier and 15p off the standard multiplier, in order to secure the future of British pubs?

James Murray Portrait The Exchequer Secretary to the Treasury (James Murray)
- View Speech - Hansard - - - Excerpts

We have frozen the small business multiplier this year and we will be introducing permanently lower multipliers for retail hospitality and leisure premises from April 2026, which will benefit pubs. Meanwhile, they also benefit from our decision to increase the duty relief for draft products.