(3 weeks, 5 days ago)
Commons ChamberOn steel and aluminium tariffs, the US Administration’s position is that there are no exemptions for anybody—that is across the board. I think they recognise the very strong case that we have, but that is their position.
No, I will not publish my negotiating red lines before a negotiation. Frankly, that is the worst advice I have ever heard in the House of Commons. The Conservative party fell out with the EU, would not deal with China and could not do a deal with India. It fell out with the United Arab Emirates and could not do a deal with the Gulf. It got nothing out of the US. It did deals with Australia and New Zealand, then disowned them. We will take no lessons from the Conservatives.
My hon. Friend is a great champion of the social enterprise sector. She will know that we are committed to doubling the size of the co-op and mutuals sector. We recently met the recently launched mutuals and co-op business council to begin working with businesses on our plans to expand the co-op and mutuals sector. She may also be aware that our social enterprise boost fund is currently spending some £4 million on helping to support social enterprises that are already up and running.
(5 months ago)
Commons ChamberIt is a great honour to speak in today’s Budget debate. This is the first Labour Budget in 14 years, delivered by the first female Chancellor in 800 years, and it lays the foundation for local and national economic growth. Like many high streets across the UK, town centres in my constituency have faced serious challenges. Over the years, businesses have closed, unemployment has risen and crime has increased—all signs of 14 years of Conservative under-investment and neglect that has hurt not only our local economy, but the very fabric of our communities.
One thing we can all agree on is that we want our town centres to come back to life. We want to restore the vibrancy that makes our high streets the heart of our communities. That is why I will speak about the possibilities that this new Budget opens for towns such as Leigh, Atherton, Golborne, Lowton and Tyldesley—towns that have been fighting back, despite years of disinvestment.
We have seen that targeted support can make a real difference. Take Leigh Spinners Mill, my former place of work: this community-owned, co-operative venture hosts more than 80 businesses, from start-ups to social enterprises, all thriving right there in Leigh. Those businesses have flourished with minimal investment, proving that when we create the right conditions, such as affordable rents and reduced business rates, local economies can thrive. As much as we celebrate projects such as the Mill, however, the question remains how we bring the same success to our high streets. The Government’s new business rates initiative is a step in the right direction, protecting small businesses and encouraging entrepreneurship.
Supporting high streets is not just about economics; it is about revitalising the unique character of our communities and creating the independence needed for businesses to grow. I am particularly encouraged by the Government’s commitment to the long-term plan for towns, despite the £22 billion black hole left by the previous Government. That strategy aligns with Labour’s manifesto priorities, reaffirming our commitment to building a sustainable, inclusive economy that benefits everybody in our communities.