Jonathan Davies
Main Page: Jonathan Davies (Labour - Mid Derbyshire)Department Debates - View all Jonathan Davies's debates with the HM Treasury
(1 day, 9 hours ago)
Commons Chamber
Dan Tomlinson
The hon. Member is right that each devolved Government have full control over the structure and level of business rates in their part of the country. They set a business rates policy, retain all the revenues generated, and determine how they are spent.
Jonathan Davies (Mid Derbyshire) (Lab)
When we had an urgent question on business rates last week, I raised the issue of grassroots music venues, so I am pleased that the Minister confirmed today that there will be 15% off business rates for pubs and grassroots music venues. As he seeks to build on the permanently lower multipliers and the excess of £4 billion of support in the Budget with his high street strategy, can I encourage him to keep music and cultural venues front and centre of his thinking? The UK music industry generates more than £8 billion for the UK economy, and these venues are a platform for future talent.
Dan Tomlinson
I will continue to keep those important cultural and social assets in mind as we work on our policy for supporting businesses across the country.