Hospitality Industry: Finance
(asked on 7th June 2023) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what steps her Department is taking to provide financial support for the hospitality sector.
This question was answered on 19th June 2023
The Government recognises that the hospitality sector is facing financial pressures.
The Energy Bills Discount Scheme (EBDS) will provide all eligible UK businesses and other non-domestic energy users with a discount on high energy bills from 1 April 2023 until 31 March 2024.
The Government has also announced business rates support measures worth £13.6 billion over the next 5 years.