Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps he is taking to provide financial relief for pubs that are required to close as a result of the covid-19 outbreak.
The Chancellor has announced an unprecedented package of support for businesses across the economy, including the pubs sector. Alongside £330bn worth of government-backed and guaranteed loans, firms eligible for small business rate relief or rural rate relief will be eligible for cash grants of up to £10,000, and firms in the retail, hospitality and leisure sectors with eligible properties with a rateable value below £51,000 will be eligible for cash grants of up to £25,000. In addition, a business rates holiday has been put in place for all eligible businesses in the retail and hospitality sectors.