Labour Party chair Anna Turley says that the government are "looking at what more we can do" for struggling pubs and small businesses, after reports that they have U-turned on a decision to hike interest rates. Report by Keechl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
00:00Well, I think we're in a really difficult context, given that we've obviously we've come out with the pandemic and there's been some temporary relief for pubs to deal with that, which has had to inevitably be reduced.
00:10But also the last time business rates were evaluated was during the pandemic when, of course, we were in a completely different climate.
00:17So the increase in the sort of revenue of that has leapt up and that's obviously a double whammy for pubs.
00:22So we're really conscious of that. And that's why through the budget, we put in four point three billion pounds of extra support for pubs and small businesses.
00:30But if pubs are saying to us that they're still really struggling and that the climate is really difficult, I think it's absolutely right as a government that we continue to help support them and look at what more we can do for the sector.
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