Written Question·Department for Business and Trade·UIN 118562
Hospitality Industry and Retail Trade: Finance
Tabled: 6 March 2026
Answered: 12 March 2026
Question
Jo Platt
Labour (Co-op) — Leigh and Atherton
To ask the Secretary of State for Business and Trade, what steps his Department is taking to financially support retail and hospitality businesses on the high street.
Answer
Blair McDougallThe government is taking significant steps to support retail and hospitality businesses on high streets. From April 2026, we are introducing permanently lower business‑rates multipliers for retail, hospitality and leisure properties, worth nearly £900 mil...
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