I know from my constituency how important the high street is in attracting people in. I pay tribute to my hon. Friend for the work he is doing in his constituency. We saw an increase in footfall in August of 1.1%. We are working closely across government with our colleagues in DCMS on funds such as the Discover England Fund and, of course, the Coastal Communities Fund, which is funding a significant number of projects that are all about increasing tourism and jobs in the tourism sector.
The Minister mentioned business rates. As a result of the business rate revaluation, many retailers on high streets up and down the country face significant increases in business rates. That will not help high streets, and it will not help retailers. Is that not the reality of what he has just announced?
Of course, the business rate cut is helping 600,000 of the smallest businesses, which do not pay any business rates at all. It is fiscally neutral, and three quarters of businesses will see a cut. I would have thought that that would be something the hon. Gentleman would welcome.