Support for Businesses: Covid-19

Part of Treasury – in the House of Commons on 26th January 2021.

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Photo of Rishi Sunak Rishi Sunak The Chancellor of the Exchequer

My hon. Friend is rightly a champion for her local tourism and hospitality businesses, and she is not alone; across the country, hundreds of thousands of these businesses employ 2 million people. Those businesses are particularly vital in constituencies such as hers, which is why we reduced the rate of VAT—it runs all the way through to the end of March. She will know that we have an upcoming Budget, where we plan to review all our measures of support.