Philip Hollobone
Main Page: Philip Hollobone (Conservative - Kettering)
Anna Soubry
I am not particularly convinced, but I will have a look at it and probably write to the hon. Gentleman. Frankly, I think the most important thing is that retail has suffered in many ways, although in some instances it has benefited, from the internet. That is the real trick. It is about how we make sure that there is still a place for the shop on our high streets in the internet age. I believe that there absolutely is a place for shops. I advise reading Bill Grimsey’s report on the future of the high street, which is enlightening, as I said, and contains some excellent ideas.
Mr Philip Hollobone (Kettering) (Con)
Although this is clearly bad news from BHS, does the Minister agree that we should not lose sight of the fact that Britain is spending more on its shops than ever before, that we are the biggest recipient in Europe of foreign direct investment in retail, and that the Government’s plans to cut corporation tax from 28% in the last Parliament to 17% by 2020 will help successful retailers to do even better?