Treasury written question – answered at on 20 April 2026.
Andrew Bowie
Shadow Minister (Energy Security and Net Zero), Shadow Secretary of State for Scotland
To ask the Chancellor of the exchequer, what estimate her Department has made of the number of hospitality venues that have permanently closed in the current financial year; and what projections her Department has made for closures in the future financial year.
Dan Tomlinson
The Exchequer Secretary
ONS data has shown that there were over 1,600 more hospitality business net openings in 2025 than in 2024. We continue to closely monitor the health of different sectors across the UK economy, including hospitality, and regularly engage with the hospitality sector.
The Government is working to support sectors like hospitality. We have introduced new permanently lower business rates multipliers for eligible retail, hospitality and leisure properties which will benefit over 750,000 properties and the National Licensing Policy Framework for England and Wales set a new strategic direction for licensing authorities to have more regard for growth.
The Government has also doubled the Hospitality Support Fund to £10 million which will help rural pubs to diversify and ensure they can continue to be vital community hubs, and the Pride in Place programme will provide up to £5 billion to support our high streets.
Yes1 person thinks so
No1 person thinks not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
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