(3 years, 1 month ago)
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I beg to move,
That this House has considered support for UK high streets.
It is a pleasure to serve under you as Chair, Ms Nokes.
I am grateful to be granted today’s debate at a time when the UK’s high streets are collapsing. They are collapsing under the weight of pandemic closures and unreasonable taxation. Shopkeepers, their staff and customers alike are experiencing a poorer standard of living. They need the Minister to step up and promise to give them the support that they need. They need to be able to breathe a sigh of relief after 19 months of uncertainty and fear. They need to believe that things can indeed get better.
We all have memories of our favourite shops when we were younger—I know I do—whether a favourite bakery, sweet shop or joke shop. However, sadly, many of those places are no longer around for my children to enjoy. Some of the most iconic, big-name retailers even of the last decade have vanished from our high streets: Woolworths, British Home Stores, Debenhams and Littlewoods all spring to mind.
I congratulate the hon. Lady on securing today’s debate. Over the past few years, as the hon. Lady has said, we have seen an increase in businesses moving away from physical retail space to an online model. The move has benefited retailers at the top levels of their companies, as it comes with associated savings in areas such as business rates or, for us Scots, non-domestic rates. Such moves, however, have a heavy impact on local communities: fewer jobs, for example, or a lack of accessibility.
Yes, Ms Nokes. Would the hon. Member agree that the Government should incentivise retailers to maintain a physical presence?
I thank the hon. Member for a really important and significant intervention. All the points that she has mentioned are very pertinent. There is a lot that the Government could do to make improvements.
Even big household names could not operate under the Conservative Government’s business rates. No one 20 years ago would have been able to fathom the end of Topshop—never mind the collapse of the entire Arcadia empire, leading to over 700 job losses and units being left to decay. The growth of online retail has slashed footfall in high streets and town centres, benefiting online giants like ASOS and Amazon and crushing local independents. There is still no commitment from the Government to an online sales tax, which would level the playing field. While major online businesses pay only nominal taxes, bricks-and-mortar small businesses are taxed into extinction. How can the Minister justify that?