Part of Business, Energy and Industrial Strategy – in the House of Commons on 9th February 2021.
The Government have provided life support to the hospitality sector, but my hoteliers are flagging that we are moving into a potential perfect storm of deferred payments coming into focus and the support scheme set to close. The weekend’s announcement on bounce-back loans has been met with huge relief in my constituency for the 1,800 businesses that are in that place. I ask the Minister to look also at extending the 5% VAT rate, furlough and the business rates holiday, so that the hospitality sector in my constituency of Eastbourne, and across the country, can come back all the stronger.