Business of the House

Wera Hobhouse Excerpts

Thursday 3rd December 2020 Commons Chamber

[Mr Rees-Mogg]

I congratulate my hon. Friend on being a leading figure in this revolution that has turned Dudley blue. It is a great triumph of conservatism, and it is leading to better government in Dudley. We do indeed want to ensure that the towns fund, with its guidance, ensures that town centres and high streets that are facing particular challenges have the flexibility to prioritise investment across the town in a way that is agreed with the town and MHCLG, so there is flexibility. The town deal board is responsible for producing the final town investment plan, including putting forward suitable projects that align with the objectives of the towns fund, so it is going to be a case of local government working with national Government, but the local government views are of great importance.

[Wera Hobhouse (Bath) (LD)]

This week’s loss of Debenhams and 25,000 retail jobs is yet another blow to the sector. This Saturday is Small Business Saturday and, like the hon. Member for Kensington (Felicity Buchan) I will champion local businesses, in Bath, as many are already struggling. With permission, may I press the Leader of the House on this again? Does he not agree that the Chancellor should conclude the business rates review by substantially reducing that tax on retail at least until the sector has recovered sufficiently? May we have a full debate in Government time on this important issue of business rates, including how to create a level playing field with online retail giants?

[Mr Rees-Mogg]

The hon. Lady and I share a local authority. We therefore have a considerable joint interest in local businesses in our area doing well. We are well aware that the rates and indeed rents paid by businesses, particularly in her constituency, are fundamental to the finances of the local council that covers both our areas, so the importance and prosperity of local businesses are fundamental.

As I said earlier, the Government are undertaking a fundamental review of the business rates system, and are currently considering responses to the call for evidence. A final report setting out the full conclusions of the review will be published in spring 2021, so there will be an opportunity to consider that then. As I said, there will be an opportunity to debate it next Thursday, and I hope that the hon. Lady will participate in that debate.