Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what steps the Government is taking to reduce the potential impact of inflationary pressures on the pub industry, including rising energy costs, business rates, supply chain costs, and staffing pressures.
The Government recognises the significant pressures facing pubs, including those in Weston‑super‑Mare, and is taking action to support them.
Through the Zero Carbon Hospitality Trial, 615 small and medium‑sized hospitality businesses are receiving free carbon‑footprinting and energy‑saving advice to help reduce costs. We have permanently lowered business rates multipliers for eligible Retail, Hospitality and Leisure properties, and have introduced a £4.3 billion support package over the next three years to protect ratepayers from increases following the business rates revaluation, with over half seeing no rise in bills.
In addition, we have raised the Employment Allowance to £10,500, meaning 865,000 employers will pay no NICs this year, helping small businesses manage staffing costs.