Supporting High Streets

Joe Powell Excerpts

Tuesday 4th November 2025 Commons Chamber

[Joe Powell (Kensington and Bayswater) (Lab)]

My residents care deeply about our high streets. From Earl’s Court Road to Queensway, and from Notting Hill Gate to Portobello Road, those high streets have a lot of potential but were put through the wringer by the previous Conservative Government. We had empty units, unconstrained rows of slot machine casinos, and the rise of vape shops, candy shops, Harry Potter shops and barbers squeezing out legitimate businesses. Banks closed, with no coherent Government response, and neighbourhood police budgets were slashed. We have seen the rise of shoplifting, attacks on retail staff and, of course, wages flatlining for a decade. People have less money in their pockets to spend on the high streets, thanks to the mini-Budget. As revealed by London Centric, we have even had snail farms cropping up across the country to take advantage of tax loopholes. That is a symbol of the Tory economy: sluggish, brittle and hard-to-swallow molluscs taking up retail space and pushing out legitimate businesses.

Change is needed, and it is coming not just from the Government but from communities. I pay tribute to the residents and councillors in Earl’s Court who joined forces with me to block a 24/7 licence for an adult gaming centre. That is a precedent that I hope will apply to other casinos and slot machine proposals, and I welcome the Government introducing new powers to say no to new betting shops, vape shops and others that degrade our high streets. The planning system can prevent those outfits from opening in the first place, and I am encouraged to hear that Treasury colleagues are looking at how to step up enforcement. The National Crime Agency’s Operation Machinize hit hundreds of barber shops and other cash-intensive businesses suspected of illicit activity.

I was astonished that the shadow Secretary of State, the hon. Member for Arundel and South Downs (Andrew Griffith), dismissed the arguments on tax evasion, given the harms that it causes to legitimate businesses. At one end of the spectrum, we have businesses linked to serious and organised crime, hiding the proceeds of the drugs trade and washing that money through our high streets. At the other end, we have VAT evasion, business rate evasion and dodgy trading practices. I commend Westminster city council for cracking down on the candy shops on Oxford Street and across our city—a pioneering council supporting our high streets where its predecessor failed.

I want to make the House aware of a particularly nefarious practice that has caught on. A shady organisation will pop up, with directors who have no idea what they are in control of. The organisation then fleeces the taxpayer and sells the public a dodgy product. Before it can be held accountable, the leadership changes and the organisation reappears under a new brand. This is not just the Conservative party’s strategy, but the practice of phoenixing. I welcome Treasury Ministers’ previous commitment to go further on this practice by boosting HMRC to include community harm in its evaluation of whether to take on cases, and encouraging the Insolvency Service to do more to get back taxpayers’ money. Adding those practices on enforcement and planning to the suite of other things that this Government are doing to support our high streets is the way that we will work with our communities to revitalise them and to bring their high streets back to life.