(6 days, 9 hours ago)
Commons Chamber
The Parliamentary Under-Secretary of State for Business and Trade (Blair McDougall)
It has been a pleasure to listen and respond to this passionate debate. Before we get into the things on which we may disagree, I should say that it has been really interesting to hear how many times people have used metaphors like “heart and soul” and “backbone” when talking about their local high streets and local businesses.
This issue is personal to us; it is about how we feel about the places we live in. As a former retail worker, I remember the customers who would come in and maybe pay more than they would at the big supermarket because they got that personal touch. I remember the elderly customers who would come in, and I knew that I was perhaps the only other human being that they had had a conversation with that day. This is about entrepreneurship and business, but, as someone said, it is also about the soul of our communities.
It has been fantastic to listen to so many Members talking with great pride about high streets and businesses in their communities. The hon. Member for Farnham and Bordon (Gregory Stafford) invited us to Downing Street; I hope that is the only time that a right winger invites me to Downing Street for some years to come. We had a cultural trip to Weymouth and heard about the exciting plans there. I may also have a pint at the Swan in Windsor next time I go to Legoland with my children.
As someone who is no stranger to the sweet trolley, I look forward to the Cosy Cake Shop and Death by Fudge in Doncaster and also to another pint at the Fox & Goose and the T-Bar; I do not remember terribly much about the last time I was in there, because I was on a stag do. So much pride has been expressed, and I hope that everyone in the Chamber will repeat that pride in their local high street in a few days’ time on Small Business Saturday, because it helps to drive footfall and to support those local people.
We heard lots of talk from Members across the House. The hon. Member for Strangford (Jim Shannon) and my hon. Friend the Member for East Thanet (Ms Billington) raised the issue of business rates and business rates reform. The Government are to remove barriers to investment, and to help businesses to succeed and grow. Reforming business rates was a key manifesto pledge, and it is one that we are going to fulfil.
The right hon. Member for Tonbridge (Tom Tugendhat), for whom I have some affection, and the hon. Member for South West Devon (Rebecca Smith), both quoted Napoleon—I do not know if that was a signal that they are not going to cross the Floor to Reform. I will be slightly more patriotic and quote Nelson: we cannot “turn a blind eye” to the cost of the tax measures that the Conservatives set out. Fiscal credibility and sustainability are not abstract concepts. Because we got the public finances under control, small businesses across this country have lower borrowing costs, and because of those interest rates, people across the country have more money in their pockets. We need a real plan, not a fantasy, which is why we will introduce permanently lower business rates for retail and hospitality in the Budget.
I previously tried to ask about the Government amendment that is going to be voted on, because it explicitly states that the administrative burdens of regulation for businesses will be cut by 25%. I have two questions: what is that 25% of and how will it be judged, and will it be from before or after the Employment Rights Bill comes into law? I put those questions to the Under-Secretary of State for Housing, Communities and Local Government, the hon. Member for Peckham (Miatta Fahnbulleh), but she dodged it and decided to attack the Opposition. I would be grateful if the Minister could tell me, because it is key information for the vote on the amendment.
Blair McDougall
We made it clear a few days ago that we plan to reduce the administrative cost of the regulatory burden by nearly £6 billion, and that is what we will do. Conservative Members have spoken about the Employment Rights Bill and their intention to repeal it, but they are forgetting that that Bill will set up a single regulator for the labour market, which will actually reduce red tape for businesses across the country.