Karen Lumley
Main Page: Karen Lumley (Conservative - Redditch)Well, we have not. I encourage local areas not just to take forward business improvement districts, but to take advantage of neighbourhood planning and business-led neighbourhood planning. I have seen that happen in a few parts of the country, including in Milton Keynes, where there has been some excellent work to take forward opportunities to develop the high street in a way that did not happen under the previous Government, as those opportunities just fell away or were ignored.
6. What steps his Department has taken to support local firms and shops with payment of business rates since May 2010.
We have taken significant steps, including doubling small business rate relief, benefiting 600,000 businesses with 400,000 paying nothing; increasing retail relief to £1,500 for the forthcoming financial year; and giving councils powers to grant discounts, with central Government funding half the costs. Today, we also launched the business rates review—paving the way to modernising the system.
Business rates collected in Redditch are up by tens of thousands of pounds. Although we would all like to see business rates lowered, is that fact not further proof that, across Britain, our towns’ economies are benefiting under this Government’s long-term economic plan?
My hon. Friend is right that our town centres and high streets are enjoying a resurgence. Last year’s report by Southampton university showed that our high streets have been outperforming out-of-town areas since 2013. I congratulate both Redditch traders on their achievements and my hon. Friend on her support of them. I sincerely hope that those traders will consider entering the great British high street competition this year, which we launched last week.