Supporting High Streets

Andrew Murrison Excerpts

Tuesday 4th November 2025 Commons Chamber

[Andrew Griffith]

I have so many wonderful contributions to take from my colleagues. I am sure that the hon. Gentleman will have his chance later.

[Dr Andrew Murrison (South West Wiltshire) (Con)]

One thing that the Government might like to reflect on is the perverse situation that people facing VAT find themselves in. The £90,000 threshold is causing many small business people, such as barbers, to adjust their behaviour—classically, reducing their working week from five days to four or three. Does my hon. Friend agree that the Treasury needs to look at the increased tax take that it might receive if it changed VAT thresholds to allow those small businesses to work full time?

[Andrew Griffith]

My right hon. Friend makes another excellent point. I recently had the wonderful opportunity to meet Dr Arthur Laffer, whose pioneering economic research showed that reducing taxes increased not only the growth rate of the economy but, as a consequence, the tax take to the Treasury. That is a very important point about incentives and what we in this House can do.

--- Later in debate ---

[Sarah Olney]

I am, of course, delighted that we are making some small progress towards a better relationship with Europe—I welcome that wholeheartedly. However, we could go a lot further. The Liberal Democrats have been pushing for a UK-EU customs union, which would unlock many, many more benefits, but the Labour Government are very reticent. I welcome some of the noises from both the Treasury Bench and many Labour Back Benchers. I find it astonishing the number of Labour MPs I have encountered over the past couple of weeks who are suddenly desperate to tell me how very pro-European they have always been. I am very pleased to hear that, but I would say that I have not always heard that from the Labour Benches. But all progress in this area is welcome.

[Dr Murrison]

I am very grateful to the hon. Lady for giving way and I am listening very carefully to what she has to say. One of the more useful things the Liberal Democrats have done in the past is to support the future high streets fund, brought in by the last Government, but she has not mentioned it and neither did the Minister. That is surprising. Nearly £10 million of future high streets funding was given to Old Kent Road in Peckham in her constituency, but she did not mention it. A large sum of money was given to Trowbridge, the county town of Wiltshire, to good effect. What does she think of the fact that the future high streets fund has been ditched and replaced by something called pride in place, which is a pale reflection of the future high streets fund? Would she like to think about including that in her contribution?

[Sarah Olney]

I am very grateful to take advice from the right hon. Gentleman as to what I should and should not include in my speech. What I would say is that it is always targeted pots of money for individual places, but we have always advocated for a much more wide-ranging set of policies that would support all high streets wherever they are in the country.

The Government must take bold action to boost our economy. We urge Ministers to scrap the national insurance jobs tax and act with far more urgency on implementing the industrial strategy, cutting energy bills and strengthening our workforce. We call for bolder, more ambitious and fairer measures to replace business rates with a fair new system that can boost high streets and town centres, and we call on the Government to negotiate a new customs union with the EU, which would cut red tape for small businesses and supercharge our economy as a whole.