The Future of the High Street

Taiwo Owatemi Excerpts

Thursday 10th December 2020 Commons Chamber

[Taiwo Owatemi (Coventry North West) (Lab)]

My home city of Coventry was placed in the most restrictive tier, tier 3. That news came after weeks of steadily declining transmission rates, and my constituents cannot understand why their high street businesses are suffering from financially crushing restrictions when in places such as London, where covid rates have risen steadily for weeks, businesses are only under tier 2. Coventry’s high street matters just as much as Oxford Street, and that truth must be reflected in how the Government choose to apply covid-19 restrictions, instead of the last-minute, non-uniform way they have done it so far.

While it is true that the high street faces difficulties due to a long-term shift in the way that people shop, many high street businesses are in less immediate danger of being supplanted by modernising trends than they are by the lack of pandemic-related support. As Coventry has opened more museums, restaurants and other high street businesses, the Telegraph Hotel was meant to open in October to accommodate an expected increase in tourism. After lockdown-related delays in its opening, it had to stay closed because of tier 3 restrictions and cancel the hundreds of reservations already made through Christmas. The Telegraph spent millions of pounds to not only preserve the beautiful post-war newspaper building it occupies but to construct outdoor terrace space to make it covid-safe. Concerned about the uncertainty of future guidelines and unable to access covid funds, its business is suffering.

Businesses such as the Telegraph are not just part of the high street; they attract customers to their neighbour businesses as well. We must do what we can to support them and not hang them out to dry. An antique sleigh ride outside the Transport Museum is an annual Coventry high street attraction. Because of the pandemic, sleigh rides will not be feasible this year. However, one businessman in Coventry invested £50,000 in a virtual reality sleigh, so that people out shopping could take covid-safe turns on the VR sleigh ride. Unfortunately, under tier 3 restrictions, he was told to cancel the operation.

It is of course crucial to ask what we can do to ensure the future of our high streets. However, in my city, resilient business owners with dedicated business improvement districts and networks of supportive neighbours have already been coming together to find ways to preserve the experience-driven businesses that keep high streets at the centre of our community. Perhaps one of the most important things we can do to help them is not to stifle them in their efforts. Moving forward, I call on the Government to provide a business support package that reflects the level of business need and the severity of restrictions in different areas.