Context
The MP highlighted several crucial small venues in her constituency that are vital for the cultural ecosystem, fostering new talent and attracting bands from outside Cornwall. She raised concerns about the sustainability of these venues.
Question
I have a number of crucial small venues in my constituency, including the Cornish Bank, the Chintz Bar, the Old Bakery and the Princess Pavilion, to name just a few. They are vital for the cultural ecosystem of Cornwall; they foster new talent and bring bands from outside the county down to us. I am pleased to hear that the Minister is considering a scheme in which larger venues contribute part of their takings to smaller venues. He said it would be voluntary, but if that did not work, would he consider a mandatory scheme, and what would be the timeline? Can he confirm that the business rates scheme will be formulated to support small venues from 01 April 2026?
Answer from The Minister for Creative Industries, Arts and Tourism (Chris Bryant)
If the voluntary scheme does not work, we would consider making it statutory. We are very hopeful that a voluntary scheme will be up and running soon as I have met with industry representatives who are moving in this direction. Regarding business rates relief, any business with a rateable value of less than £500,000 is already receiving 40% relief, and we will provide an even better deal next year for businesses under the same threshold.
Not addressed: The Minister did not provide specific timelines or details on when a mandatory scheme would be considered if voluntary efforts failed.
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