Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Joshua Reynolds Excerpts
Tuesday 8th September 2026

(3 weeks, 6 days ago)

Commons Chamber
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James Murray Portrait James Murray
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The hon. Gentleman has some cheek, given the number of pubs that closed when his party was in government. The Labour party is making sure that the business rates system is set right for the future. Not only have we announced a 20% cut in business rates for pubs as a result of the new Prime Minister taking office, but I was pleased to announce a review of the way in which pubs and hotels are valued for the future, following concerns raised by the sector. That review will report in time for decisions taken on the basis of it to be in place for the next revaluation.

Joshua Reynolds Portrait Mr Joshua Reynolds (Maidenhead) (LD)
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Pubs, cafés and restaurants are among the largest employers of young people across the country, but the sector has seen 100,000 job losses as a result of the Government’s jobs tax. Business rates relief might have some impact, but the hospitality sector is telling us that what it needs is a cut in VAT to really help people get back into hospitality venues. Have the Government looked at what a cut in VAT would be able to do for both growth and new jobs?

James Murray Portrait James Murray
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The hon. Gentleman is right to point out the important role that pubs and hospitality play in providing jobs, including jobs for young people. However, I gently say to him that one of the issues with the Lib Dems is that they welcome extra investment in our NHS and public services, but they never want to pay for it. When it comes to hard decisions on the economy, all they offer is soft politics.