Business: Coronavirus

(asked on 7th December 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps his Department is taking to help the retail, hospitality and leisure sectors recover from the covid-19 pandemic.

Answered by
Lucy Frazer Portrait
Lucy Frazer
Secretary of State for Culture, Media and Sport
This question was answered on 7th December 2021

The Government has announced a new relief for retail, hospitality and leisure businesses worth almost £1.7 billion, to help support high streets.

This is part of a wider package announced at the conclusion of the Government’s review of business rates, which is worth £7 billion over the next five years, including a freeze in the multiplier for 2022-23.

This follows unprecedented business rates support worth £16 billion for high streets throughout the pandemic.

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