Arcadia and Debenhams: Business Support and Job Retention

Darren Jones Excerpts

Wednesday 2nd December 2020 Commons Chamber

[Paul Scully]

I look forward to joining the New West End Company and, I assume, my hon. Friend on Saturday to celebrate not only Small Business Saturday but traffic-free shopping in the west end. The west end accounts for 3% of the entire UK economy and many, many jobs. We do not propose to extend Sunday trading at this stage, but we are extending shopping hours throughout the weekdays. We want to work with local authorities to make sure that they can support the safe return of shoppers to high streets up and down the country, including in the west end.

[Darren Jones (Bristol North West) (Lab)]

The collapse of Arcadia and Debenhams are two big examples of the broader challenge of survival in the high street-based retail sector. Every job lost and every store closed is devastating for families and communities across the entire country. The Business, Energy and Industrial Strategy Committee has today written to the Secretary of State, and I know we will have full answers in due course, but may I ask the Minister one specific question about support for small businesses in the retail supply chain? I wish to push him a bit further on whether there will be specific support—perhaps a taskforce—for small retail businesses, to help with the hundreds of millions of pounds of orders that could go unpaid.

[Paul Scully]

I cannot give specifics on a taskforce or any other group, but we will look acutely at what we can do for supply chains and the future of the high street. When flagship stores like the 200-odd-year-old Debenhams leave our high streets, it is so important to make sure that we have a co-ordinated response. I will happily work with the hon. Gentleman on that.