Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Rachel Maclean Excerpts
Tuesday 9th April 2019

(5 years, 8 months ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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I was very pleased to visit the hon. Gentleman at Dudley College and see the fantastic work that it does. He put forward some interesting ideas about local transport. We are conducting a zero-based capital review as part of the spending review and of course we will look at proposals on all those fronts.

Rachel Maclean Portrait Rachel Maclean (Redditch) (Con)
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Does the Chancellor agree that the announcement that small shops will save up to £8,000 in business rates is a fantastic boost for our high streets? Will he please commit to supporting the bid from Redditch for the future high streets fund?

Lord Hammond of Runnymede Portrait Mr Philip Hammond
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Of course, the rates relief that we have offered over a two-year period to smaller independent retailers will help the high street, but retailers have to use that breathing space to adapt to the changing environment that they face. We cannot freeze the high street in aspic and we must face the reality of the digitisation of our economy. So let us work together to transform our high streets so that they are sustainable for the future.