Oral Answers to Questions Debate

Full Debate: Read Full Debate
Department: HM Treasury

Oral Answers to Questions

Graham Stuart Excerpts
Tuesday 8th September 2026

(2 weeks, 6 days ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
John Healey Portrait John Healey
- View Speech - Hansard - - - Excerpts

My hon. Friend speaks up very strongly for his local area. He is right about the importance of pubs, social clubs and live venues, and about the importance of the 20% cut that we announced in July. These are the things that make the places where we live the places that we also love. Later this year the Government will produce our high street strategy, and I encourage my hon. Friend to contribute to the work of my right hon. Friend the Secretary of State for Housing, Communities and Local Government in that regard. I agree with what my right hon. Friend the Financial Secretary said a few moments ago: he should see the move that we made in July as a down payment on further reform.

Graham Stuart Portrait Graham Stuart (Beverley and Holderness) (Con)
- View Speech - Hansard - -

The Conservatives will save our high streets, and may I explain to the Chancellor why that is important? Donna, who ran the Beverly Card Company, saw this Labour Government increase her business rates from £135 a month to £840 a month. That is why in February, after 30 years of her running it and having won national awards, the business closed. She will have to make payments for the next four years for those business rates. Will the Chancellor stop trimming, support the Conservative plan and abolish business rates altogether for the 250,000 high street businesses? He needs to stop talking and sounding sympathetic, and actually do something that makes a difference to our high streets.

John Healey Portrait John Healey
- View Speech - Hansard - - - Excerpts

What an extraordinary claim! It is hard to take seriously the idea that somehow the Conservatives will save our high streets. We are, of course, concerned about the impact of business taxation. As a Government, we have put in £4.3 billion to help cushion the changes, including in the right hon. Gentleman’s area. We are in the process of taking further steps to review and reform the business rates system, and I will be able to set out more details at the Budget.