Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what plans his Department has to help reduce the rate of nightclub closures.
We recognise the important role night-time economy business plays in supporting local economies and communities. Healthy night-time economy businesses not only support our creative industries, including musicians, DJs and performance artists, but also support tourism and bolster day economy businesses.
This Government is focused on its five-point plan to breathe life back into Britain’s high streets. This work will ensure that our high streets are great places for our businesses, supporting economic growth across the UK.
To deliver the manifesto pledge to protect the high street, from 2026-27, the government intends to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties with rateable values (RV) less than £500,000.