(10 years, 8 months ago)
Commons ChamberT5. Twenty-five years ago the then Government intervened in the pubs market, recognising that it was failing consumers and small brewers. However, as a result of industry lobbying, they failed to place a limit on the number of pubs, which led to the development of the large pubcos. Twenty-five years on, will the Secretary of State assure me that he will listen to the majority of MPs in the House of Commons rather than giving in to industry lobbying, and that he will introduce the market-rent-only option which is the solution offered by the Business, Innovation and Skills Committee?
As my hon. Friend knows, we have had a number of debates about this issue in the House, and the House has expressed its view. The Government recently held a consultation, to which thousands of responses were received. We are now considering those responses, and will issue our own response as soon as we can.
(10 years, 9 months ago)
Commons ChamberThe House is awaiting the response to the BIS consultation on pub companies, but now that the London Economics research has been exposed as fundamentally flawed and does not follow the brief given to it by BIS, and the firm has charged £26,000 for fieldwork that did not take place, will my right hon. Friend ignore this bunkum and listen to the Federation of Small Businesses’ research, which shows that the market rent-only option would benefit the UK economy by £78 million?
As my hon. Friend knows, responses to last year’s Government consultation numbered in the thousands. We are looking at all the evidence that was put before us, including the research he mentioned. We also received evidence from thousands of individual tenants who contacted us to tell us about their circumstances and the impact the proposed measures could have on their business. We are looking at all of that and will bring forward proposals shortly.