Small Business Saturday
Debate between Simon Wright and Stephen Mosley(9 years, 11 months ago)
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Stephen Mosley
Of course I will. Not only are women setting up small businesses in record numbers, but young people are doing the same. Chester university is running some fantastic courses to support entrepreneurs, which get young people out there so that when they leave university they will consider the option of setting up their own business. Young people, women and ethnic minorities are all people whom we want to help to set up their own small business, and they are all doing so in record numbers.
The Government have done a huge amount to help. As we saw in yesterday’s autumn statement, the Chancellor is willing to give even more support to small businesses. There is still a huge amount that local communities, local groups and local businesses can do to help themselves, because the people who most benefit from having successful, popular and thriving local shops are local communities.
Simon Wright (Norwich South) (LD)
I congratulate the hon. Gentleman on securing the debate. Does he agree that Government-backed opportunities to highlight success, such as the great British high street awards, can play a really important role? The Lanes in Norwich was a well deserved winner of the city category of those awards for the vibrant reputation of its high street.
Stephen Mosley
Like many people in this room, I spent a good deal of time in Norwich a few years ago when there was a by-election in the north of the city, and I was amazed at what a beautiful city it was. Coming from the north-west of England, I had not been to Norwich before, but I was impressed. It is on my wish list of places I would like to visit in the future.
Research shows that for every £1 that is spent in a local independent business, 60p goes straight back into the local economy. Areas that have a high proportion of independent small shops have been found to increase social interactions between shoppers. People in such areas are twice as likely to say hello to other people on their high street. People who live near small shops are 16% more likely to be positive about their local high street than are those who live in areas that lack independent stores.