Oral Answers to Questions Debate
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Main Page: Bradley Thomas (Conservative - Bromsgrove)Department Debates - View all Bradley Thomas's debates with the Department for Business, Innovation, Science and Trade
(1 day, 9 hours ago)
Commons Chamber
Bradley Thomas (Bromsgrove) (Con)
The hospitality sector provides around 300,000 jobs for young people every year and contributes £96 billion annually to the economy. Despite that, the Government continue to hammer it with a series of blows, to the extent that the sector has the highest effective tax rate of any sector in the economy, paying the equivalent of 82p in taxes for every £1 of pre-tax profit made. That eclipses the 50p average rate across our economy’s 11 main sectors. What steps are the Government taking to tangibly lower business costs, so that hospitality businesses can employ more young people?
Kate Dearden
My first job was in hospitality; I remember it fondly. It has given me skills that I have used throughout my career and life, and it supported my family when we really needed it. I absolutely know the significance and importance of this sector to our economy, and the difference that it can make to people’s lives. It is a key employer of young people across the country—in the hon. Member’s constituency, in mine and in the constituencies of colleagues across the House. It provides a rewarding route into work and is a critical sector to resolving the NEETs crisis and many challenges that we face across the country.
As we grow our economy, we want to grow the hospitality sector. I work really closely with the sector and the Hospitality Sector Council to ensure that we look at all the challenges, and at how we can work together to provide more opportunities and jobs and grow the sector in every constituency across this country. I am determined to deliver that.