Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Preet Kaur Gill Excerpts
Tuesday 10th March 2026

(1 day, 8 hours ago)

Commons Chamber
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Dan Tomlinson Portrait Dan Tomlinson
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When we bring forward the high streets strategy, it will look in the round at what more we can do on regulation, licensing and the decisions that are made in the Treasury to continue to support small businesses and those on our high streets. That is incredibly important, and we will continue to look at that closely.

Preet Kaur Gill Portrait Preet Kaur Gill (Birmingham Edgbaston) (Lab/Co-op)
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3. What fiscal steps she is taking to support the community ownership of assets.

James Murray Portrait The Chief Secretary to the Treasury (James Murray)
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Through the English Devolution and Community Empowerment Bill, the Government are introducing a strong, new community right to buy. That will empower communities to take ownership of and protect local assets. Alongside those new powers, the Pride in Place programme will provide up to £5.8 billion over 10 years to support 284 neighbourhoods, enabling local people to choose to fund a range of activities, including developing or restoring important community assets.

Preet Kaur Gill Portrait Preet Kaur Gill
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After 14 years of Conservative austerity, many communities like mine have seen the assets that matter most to them hollowed out. I welcome the Government’s community right to buy, because putting local people in control of local assets is simply common sense. In my constituency, Woodgate and Bartley Green will receive £20 million through Pride in Place funding over the next decade thanks to this Government. Does the Minister agree that tackling barriers such as access to finance will help communities to take ownership of local assets and rebuild neighbourhoods?

James Murray Portrait James Murray
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My hon. Friend is absolutely right. Pride in Place funding can be used for communities to take ownership of and support local assets, from youth centres to libraries and cultural venues. I am very glad to hear that the funding will make such a positive difference to her constituents in Woodgate and Bartley Green, and I am proud that this Government are putting people in control of what happens in their local area.