High Streets: Autumn Budget 2024

Debate between Victoria Collins and Sarah Dyke
Thursday 23rd January 2025

(1 month, 1 week ago)

Commons Chamber
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Sarah Dyke Portrait Sarah Dyke (Glastonbury and Somerton) (LD)
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Responding to my small business survey, a local business in Street said that high employer national insurance contributions is one of the major challenges and that it could force them to cancel some of their investment plans. Does my hon. Friend agree that the measures being proposed do not encourage growth and could instead push more high street businesses to close, significantly impacting the already fragile rural economy?

Victoria Collins Portrait Victoria Collins
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Absolutely. Sadly, the desperation that came through in my survey shows that a lot of businesses are very worried about their future.

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