Question

Treasury written question – answered at on 7 December 2021.

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Photo of Elliot Colburn Elliot Colburn Conservative, Carshalton and Wallington

To ask the Chancellor of the Exchequer, what steps his Department is taking to help the retail, hospitality and leisure sectors recover from the covid-19 pandemic.

Photo of Lucy Frazer Lucy Frazer The Financial Secretary to the Treasury

The Government has announced a new relief for retail, hospitality and leisure businesses worth almost £1.7 billion, to help support high streets.

This is part of a wider package announced at the conclusion of the Government’s review of business rates, which is worth £7 billion over the next five years, including a freeze in the multiplier for 2022-23.

This follows unprecedented business rates support worth £16 billion for high streets throughout the pandemic.

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