Business Improvement Districts: Town Centre Renewal

Baroness Scott of Bybrook Excerpts

Thursday 11th December 2025 Lords Chamber

[Baroness Taylor of Stevenage (Lab)]

I greatly value the role played by religious buildings from all denominations in our public spaces, and the right reverend Prelate was right to refer to some of the development that has taken place. The Pride in Place Strategy sets out how we will deliver £5 billion over 10 years to 244 neighbourhoods, which means that our communities can take part in developing their neighbourhoods in a way that is right for them. We will deliver £20 million of funding and support to be spent by local neighbourhood boards, and we are encouraging all members of the community, including community organisations, to get involved with those boards to drive local renewal. We will then have a separate pride in place impact fund, which will deliver a cash injection of £150 million to an additional 95 places, to be spent to improve high streets and community spaces.

[Baroness Scott of Bybrook (Con)]

My Lords, although business improvement districts work hard to revive our town centres—for which we thank them—many of them face tightening fiscal environments, despite the previous answers from the Minister. Business rates are rising, employers are dealing with higher national insurance contributions and the freeze in personal tax thresholds compounds pressures on local workers—and this coupled with costly local government reorganisation. Do the Government believe that this combination of rising costs and administrative upheaval is helping or hindering town centre renewal and local growth? What assessment have they made of the impact of these measures on our town centres?

[Baroness Taylor of Stevenage (Lab)]

The local government reorganisation that is taking place will create more resilient and stronger local councils, which will be able to support their communities with the suite of activity that we have provided in the pride in place funding, to make sure that they are developing and that the community spaces they value are being supported and developed in a way that is right for them. Local government has been absolutely denuded of funding over the past 14 years, so I will not take any lessons on how to support local government from the Tory Benches in this House. It is really important that we get local government on a firm footing with its funding, so that it can support the local communities that have felt that their high streets have been neglected for far too long.