Budget Resolutions and Economic Situation
Geoffrey Clifton-Brown Excerpts(3 years, 8 months ago)
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Sir Geoffrey Clifton-Brown (The Cotswolds) (Con) [V]
I commend my right hon. Friend the Chancellor for his Budget, which was strong on enterprise, innovation and recovery. The help announced last week for businesses has been particularly welcomed in the Cotswolds, where the local economy is built on small businesses, notably in hospitality, leisure and the tourism sectors. I have been calling for extra support for those businesses, as they are the backbone of our economy and deserve protection after being compelled to stop trading by the pandemic. The restart grant of up to £18,000 for hospitality and leisure businesses, including personal care, hairdressers and gyms, will help to reinvigorate them as we begin to open up the economy, in addition to the local council discretionary fund of another £425 million.
The road map has brought a great deal of reassurance for many business owners, with hospitality, leisure and personal care businesses starting to reopen on 12 April. They want to be able to reopen sooner and I have been making extensive representations to the Government on that point. Sadly, some are not scheduled to reopen until 21 June. I will continue to raise their plight. As the whole route map is driven by data, if it is safe to do so, we should accelerate the reopening of certain sectors, such as outdoor events.
Around 60,000 businesses in the UK are in the weddings sector. They usually thrive in the Cotswolds, but have been pushed to the brink by lockdown. I hope that many of those businesses will be supported by the restart grant, but they were not specifically mentioned in the Budget speech.
Debt and borrowing are at a peacetime high, so the fiscal challenge to reduce them is particularly challenging. No one wants to see taxes rise, but in these difficult circumstances it is right to even up the burden between individual and corporation tax.
Finally, it is important that G7 agreement is sought so that the digital tax is made effective. It would be totally unfair for those businesses on the high street that have suffered considerably due to the lockdown—and will have to start paying rates in June—if companies online that have made substantial windfall profits are not efficiently taxed.
Oral Answers to Questions
Geoffrey Clifton-Brown Excerpts(4 years, 4 months ago)
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Dr Neil Hudson (Penrith and The Border) (Con)
Sir Geoffrey Clifton-Brown (The Cotswolds) (Con)
The Parliamentary Under-Secretary of State for Digital, Culture, Media and Sport (Nigel Huddleston)
The tourism sector has been severely impacted by this crisis, and we are working closely with the sector to get it back on its feet, including developing covid-secure reopening guidance for tourism businesses. VisitBritain has introduced an industry-standard quality mark called “We’re Good to Go”, which businesses can use if they meet covid-secure guidelines, and it has had over 20,000 applications already. The new £10 million kick-start tourism package gives small businesses in tourist destinations grants of up to £5,000 to help them adapt their businesses.
Nigel Huddleston
I fully agree with my hon. Friend. Tourism and hospitality businesses right across the country have invested an incredible amount of time and energy in getting ready to reopen. Tourism is vital to our economy. I, too, was delighted to see the sector take its first steps towards reopening last weekend and to hear the announcement yesterday of a cut in VAT. Earlier this week I participated in a roundtable organised by Cumbria Tourism, which I know he has been working closely with. I will continue to monitor the situation and engage closely with business.
Sir Geoffrey Clifton-Brown
My hon. Friend will know from his visit to the Cotswolds last Saturday how important tourism is. In particular, the arts are very important. The Barn theatre in Cirencester is a relatively new and highly innovative theatre that has done an awful lot during the covid period to keep people informed through social media about the Government guidelines. Will he ensure that that theatre and other small theatres like it get their fair share of the £1.5 billion for theatres and the arts?
Nigel Huddleston
I would like to thank the Barn theatre for all that it has done to help the local community during the coronavirus crisis. Indeed, I thank tourism, leisure and arts businesses across the country, and it was a pleasure to visit some of them in my hon. Friend’s constituency last weekend. I can confirm that the purpose of the £1.57 billion cultural support fund is to support organisations across the cultural sector right across the country, including those that do not have a history of receiving public funding. More information on the eligibility criteria and application process will come by the end of this month, and I encourage the Barn theatre to apply.