Supporting High Streets

Phil Brickell Excerpts
Tuesday 4th November 2025

(1 day, 12 hours ago)

Commons Chamber
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Andrew Griffith Portrait Andrew Griffith
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My right hon. Friend makes another excellent point. I recently had the wonderful opportunity to meet Dr Arthur Laffer, whose pioneering economic research showed that reducing taxes increased not only the growth rate of the economy but, as a consequence, the tax take to the Treasury. That is a very important point about incentives and what we in this House can do.

Phil Brickell Portrait Phil Brickell (Bolton West) (Lab)
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The hon. Member is speaking about the tax rate. Is it not also important to talk about the tax gap? That gap is £46.8 billion, of which £6.4 billion is linked to tax evasion. We are seeing a lot of that on our high streets up and down the country. What does he think should be done across Government to tackle it?

Andrew Griffith Portrait Andrew Griffith
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I am afraid that the hon. Gentleman must have overstayed oral questions to the Chancellor, because what we are doing in the Chamber now is celebrating, cherishing and supporting our high streets, not accusing businesses in our constituencies of tax evasion. However, I am sure he has impressed his Treasury colleagues, who are never shy about trying to transfer wealth from the private sector to the less productive public sector.