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Hotels: Construction

Volume 493: debated on Wednesday 3 June 2009

To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform if he will introduce measures to provide financial support for the capital costs of building new hotels. (264106)

The Real Help for Business measures announced by the Chancellor of the Exchequer on 14 January 2009 are available to all businesses across the UK, with limited exemptions within some measures which apply to specific sectors, largely because there is alternative support already in place or the business is wholly speculative in nature.

Details of all Real Help measures can be accessed at

www.businesslink.gov.uk/realhelp.

Information on finance schemes and an initial assessment of eligibility is available at

www.businesslink.gov.uk/realhelp/finance.