Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what fiscal steps he is taking to support coastal communities with tourism industries in summer 2024.
The Government recognises the central role of our coastal communities in the tourism sector.
This is why on Heritage Day in March, the Department for Culture, Media and Sport announced that it will be launching a dedicated fund to support enhancements to our seaside heritage, to help protect and rejuvenate coastal assets which are in need of further support.
At the Autumn Statement 2023, the Government also announced an extension to the 75% business rate relief for eligible retail, hospitality and leisure properties for 2024-25.
We have also supported coastal communities to level up through dedicated funding under the Coastal Communities Fund, while the Levelling Up Fund has provided around £1 billion to projects in coastal areas. Over £400 million from the UK Shared Prosperity Fund is going to lead local authorities within or serving coastal areas.
Across this Spending Review period, the Government has allocated over £100m to the British Tourist Authority to support VisitBritain and VisitEngland with marketing activity that includes championing visiting Britain’s coastline.