Neil Duncan-Jordan

I absolutely agree with the hon. Member’s point. As I mentioned earlier, the current funding formula is inadequate for communities such as ours. I should also just say that if anybody else wants to intervene, I have two more paragraphs to go. Finally, I want to turn to hospitality, which is a key driver of many coastal towns’ economies. Hospitality is suffering. In Poole, 486 hospitality businesses generate £239 million in annual revenue and employ 5,738 local people, but the lowering of the national insurance threshold and the removal of business rates relief, alongside new revaluations on premises, are forcing many of them to consider whether they can carry on at all. My town needs places where tourists can buy an ice cream, have a meal or enjoy a drink. What we do not want are hollowed-out high streets that offer vape shops and little else. We need a vibrant campaign for people to holiday in Britain and the necessary support for hospitality that brings the high street to life. There are suggestions that the Government are looking at a “nice pub tax”, which would hit landlords whose premises are on the waterfront and would kill off towns like Poole. I urge the Treasury to think again about such a proposal. Coastal communities may not grab headlines the way that cities with a proud industrial heritage do, but there are over 5 million residents living in 169 coastal towns across England and Wales, and they all deserve a voice and a future. They deserve a Labour Government who recognise the challenges that they face and whose policies will ensure a rising tide that lifts all the boats, not just the super-yachts.