Answer from Hansard

The Parliamentary Under-Secretary of State for Business and Trade (Kate Dearden)

Hospitality businesses, including those in Glastonbury and Somerton, are vital to our communities and city centres. We have introduced permanently lower tax rates for retail, hospitality and leisure properties with a rateable value under £500,000, worth nearly £900 million annually and benefiting over 750,000 properties. The new relief rates are permanent, giving businesses that certainty and stability, and there will be no caps—all qualifying properties will benefit. We have also introduced a £1.5 million hospitality support scheme to co-fund projects aligned with Department for Business and Trade and Hospitality Sector Council priorities.