(3 days, 16 hours ago)
Commons ChamberWe are supporting growth across the country, and we will publish further details of how we will do that in the coming weeks.
The 10-year infrastructure strategy is a key part of this Government’s growth mission, committing to a minimum of £725 billion of investment over the next 10 years in local transport, affordable homes, and modernising schools and hospitals in every part of the country.
I was pleased to see that the creative and digital industries, financial services, and clean energy were all included as priority sectors in the Government’s industrial strategy. Those sectors have huge potential in my constituency of Bournemouth West. Focusing on the latter, as a fellow south-west MP, what assessment has the Minister made of the Dorset clean energy super cluster’s potential for growth, jobs and bringing people’s bills down, not just in Bournemouth West but across the region?
I thank my hon. Friend for championing the Dorset clean energy super cluster opportunity, which was announced by her council at the UK’s Real Estate Investment and Infrastructure Forum only recently. Offshore wind, hydrogen, nuclear, and carbon capture and storage are frontier technologies and industries that are at the heart of our clean energy sector plan, and they will create opportunities in every part of the country, including in the south-west.
(1 month, 2 weeks ago)
Commons ChamberMy 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.
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.
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?
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.