Oral Question·Treasury
“If he will make a statement on his departmental responsibilities.”
Tabled: 14 October 2020Answered: 20 October 2020
Asked by
Taiwo Owatemi
Labour — Coventry North West
Answering Minister
the Chancellor of the Exchequer
Answer from Hansard
The Prime Minister
My hon. Friend is right that we need the conditions for flourishing high streets. That underscores the importance of six interest rate cuts, the £5.8 billion that we have put into Pride in Place, and the work to put money in people’s pockets. I am pleased that we have delivered a 15% cut and a two-year freeze for pubs and live music venues. That comes on top of the £4.3 billion to support businesses, and permanently lower rates for retail, hospitality and leisure properties.