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Employment and the High Street

07 December 2022

Lead MP

Catherine West
Hornsey and Friern Barnet
Lab

Responding Minister

Kevin Hollinrake

Tags

EconomyTaxationHousingEmploymentEnergyBusiness & TradeLocal Government
Word Count: 9354
Other Contributors: 10

At a Glance

Catherine West raised concerns about employment and the high street in Westminster Hall. A government minister responded.

Key Requests to Government:

Labour would establish GB Energy, a publicly owned generator, to guarantee stable and affordable power. They propose a reassessment of property values and thresholds for relief to help small businesses. The Government should look at creative ways to attract people to town centres through community events and support high street businesses as part of their economic growth strategy.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Hornsey and Friern Barnet
Opened the debate
High streets face challenges such as changing technology, soaring energy costs, business rates, and closure of bank branches. Retail footfall is 19% lower than pre-pandemic levels, resulting in job losses and insolvencies. Many small businesses struggle to pay staff wages that reflect the increasing cost of living. Labour's plan aims to address these issues by offering sustainable support for energy efficiency and a root-and-branch replacement of the business rates system.

Government Response

Kevin Hollinrake
Government Response
It is a pleasure to serve with you in the Chair, Mrs Cummins. I congratulate the hon. Member for Hornsey and Wood Green on securing this important debate. As she pointed out, high streets are crucial to local communities and contribute around 4% of UK gross value added and almost 3 million jobs nationally. With 26% of retail sales taking place online, it is important to note that small high street businesses also trade online but face challenges due to consumer choice driving transactions online rather than rates or other issues. The Minister highlighted the importance of flexibility in business models through initiatives such as the £4.8 billion levelling-up fund and the future high streets fund. He mentioned the creation of a new commercial business use class (class E) giving businesses freedom and flexibility to change use without planning permission, and powers for local authorities to tackle blight by requiring long-term vacant premises to be rented out. In response to concerns about bank branch closures and access to cash, he noted that banking hubs and post offices are part of the solution with £50 million annual subsidies provided by the Government. Clause 47 of the Financial Services and Markets Bill gives the Financial Conduct Authority new powers for access to cash provision where it is disappearing from high streets. The autumn statement's £13.6 billion business rates support has been welcomed, though scrapping a tax completely would be irresponsible without knowing what will replace the £22 billion raised annually in England. The Minister affirmed ongoing energy bill relief and further support for vulnerable sectors to be announced by year-end.
Assessment & feedback
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About Westminster Hall Debates

Westminster Hall debates are a chance for MPs to raise important issues affecting their constituents and get a response from a government minister. Unlike Prime Minister's Questions, these debates are more in-depth and collaborative. The MP who secured the debate speaks first, other MPs can contribute, and a minister responds with the government's position.