Asked by: Samantha Niblett (Labour - South Derbyshire)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether his Department is taking steps to help support high street businesses to compete with online retailers in South Derbyshire constituency.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
We intend to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, including those on the high street, from 2026-27. This tax cut must be sustainably funded, and so we intend to apply a higher rate from 2026-27 on the most valuable properties - those with a Rateable Value of £500,000 and above. These represent less than one per cent of all properties, but include the majority of large distribution warehouses, including those used by online giants.
Ahead of these changes being made, we have prevented RHL relief from ending in April 2025 by extending it for one year at 40 per cent up to a cash cap of £110,000 per business and frozen the small business multiplier.
We are also working with businesses to understand their barriers to growth and High Streets will be a key pillar of our forthcoming Small Business Strategy.
Asked by: Samantha Niblett (Labour - South Derbyshire)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what steps his Department is taking to help support women into leadership positions in small and medium-sized businesses.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
The Department for Business and Trade works with the private sector led Invest in Women, with the shared ambition to make the UK a great place to be a female business founder. On Monday 25th November, the Taskforce celebrated successfully raising over £250 million for its funding pool for women-led businesses.
The Government is determined to harness the talent and creativity of every woman in the country. The plan to 'Make Work Pay' will transform the lives of working women, including by strengthening rights to equal pay and providing protections from maternity and menopause discrimination and sexual harassment.
Asked by: Samantha Niblett (Labour - South Derbyshire)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what plans he has to support (a) pubs and (b) the wider hospitality industry in (i) rural areas and (ii) South Derbyshire constituency.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
Pubs and hospitality businesses, including those in rural areas and South Derbyshire, are at the heart of our communities and are vital for economic growth. That is why the Government is creating a fairer business rate system by introducing permanently lower tax rates for retail, hospitality, and leisure businesses from 2026-27 and extending the current relief for 1 year at 40%.
The government is also reducing alcohol duty on qualifying draught products, representing an overall reduction in duty bills of over £85m a year.
We will also transform the apprenticeship levy into a more flexible growth and skills levy to support business, including in the hospitality industry and boost opportunity.
Through the Hospitality Sector Council, we are addressing strategic issues for the sector related to high street regeneration, skills, sustainability, and productivity.