Oral Answers to Questions

Robert Largan Excerpts

Tuesday 2nd November 2021 Commons Chamber

[Rishi Sunak]

We did have a measure in last week’s Budget to support the hospitality sector with its recovery, and that is the £1.7 billion cut to business rates next year. That represents the largest single-year cut to business rates in more than 30 years outside of the coronavirus. It provides a 50% discount to hospitality businesses, which I know are important to our local communities. I am sad that the hon. Member did not raise the not one but two levelling-up fund bids that Liverpool enjoyed last week, which I know will also help to regenerate parts of the city and provide improved transport connections to benefit local businesses.

[Robert Largan (High Peak) (Con)]

T3. Last week’s Budget included lots of positive news for the High Peak, such as the tax cut for the lowest paid and the 50% business rate relief for the high street. However, plenty of other towns across the north were celebrating additional millions of pounds of investment through the levelling-up fund. Unfortunately, High Peak was not one of those areas because High Peak Labour council failed to submit a bid on time. It has now agreed to submit a bid and I am keen to work on a cross-party basis with it, but can the Chancellor assure my constituents that there will be a second round and that High Peak will still be treated as a top priority for levelling up?

[Rishi Sunak]

I am happy to provide my hon. Friend with that reassurance and I hope that his council engages constructively with him, as so many others have and have seen the benefits of that in last week’s announcements. We will open round 2 in due course and it will most likely launch no later than the spring. I can tell him also that we have no plans to change the current way that we assess the priority categorisations, so High Peak should remain as it was.