I reflect that truly the lamb will lie down with the lion, Mr Speaker.
About 800 businesses will potentially benefit from the change, which will make a significant difference to employment prospects. My right hon. Friend’s constituency, which borders on mine, is an excellent place to go to shop and this will help that process along.
There is no more innovative local authority than Manchester city council, as I am sure the Secretary of State will agree. As the MP for a city centre with many small businesses, I find that this is the single biggest issue raised with me. Business rates have gone up by more than £1,500 over this Parliament and are set to go up a further £270 this year. Would it not be much better if the Secretary of State were to freeze business rates for small businesses, as the Labour party has pledged to? That will help them stay in business, which many of them are unable to do at the moment.
It was always a matter of regret to me that Labour made rate relief very hard to claim for small businesses, but we have managed to remove some of the complex nature of the claims process. With enormous respect, I remind the hon. Lady that this package for the high street is worth more than £1 billion —and £1 billion, even in today’s money, is a lot of money.