Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Jessica Toale Excerpts
Tuesday 20th May 2025

(1 day, 23 hours ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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My hon. Friend is a staunch defender of his constituency and region. We will make decisions at the spending review, which we will publish on 11 June, but as a proud northern MP, I am absolutely determined that the north gets its fair share of investment.

Jessica Toale Portrait Jessica Toale (Bournemouth West) (Lab)
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5. What steps she is taking with Cabinet colleagues to support growth in the night-time economy.

Bayo Alaba Portrait Mr Bayo Alaba (Southend East and Rochford) (Lab)
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7. What steps she is taking with Cabinet colleagues to support growth in the night-time economy in Essex.

Torsten Bell Portrait The Parliamentary Secretary to the Treasury (Torsten Bell)
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The night-time economy, and the hospitality sector more widely, is the beating heart of our cultural life, bringing to life the places we all call home. That is why this Government have cut draught duty and introduced a fairer, permanent business rates system. We all want our pubs, clubs and restaurants to thrive.

Jessica Toale Portrait Jessica Toale
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Last month, I met representatives of Bournemouth town centre’s night-time economy at one of the newest additions to our high street, Barbara’s Bier Haus. The sector is incredibly resilient but is grappling with a number of challenges, such as changing consumer behaviour and rising costs. One issue that is common across our hospitality and retail sectors is prohibitively high business rates. Can the Minister update us on the progress that we are making towards business rates reform, and tell us how this will give the night-time economy the security it needs to be prosperous?

Torsten Bell Portrait Torsten Bell
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I completely recognise my hon. Friend’s point. Last autumn, alongside announcing immediate support for retail, hospitality and leisure properties, the Government published a discussion paper setting out our priorities for wider reform, and I know the Exchequer Secretary has met a wide range of businesses on this subject. We are delivering permanently lower business rates for these sectors, and we will announce further policy details at the Budget in the autumn.