Supporting High Streets

Catherine Fookes Excerpts

Tuesday 4th November 2025 Commons Chamber

[Andrew Griffith]

So many family businesses will be devastated by the family business death tax introduced by the Labour party. We often hear about the plight of farmers and food producers, but family businesses are even more numerous. If you have survived Labour’s job tax, if you have survived Labour’s more than doubling of business rates, if you have survived the red tape— so much more of it—that Labour is imposing, all that awaits you when you seek to pass your business or your family farm on to the next generation is Labour’s family business death tax. That is why, as part of our plan for the high street, we will repeal those damaging measures.

[Catherine Fookes (Monmouthshire) (Lab)]

rose—

[Andrew Griffith]

I hope that the hon. Lady is rising to commit herself to repealing them too.

[Catherine Fookes]

No; I want to remind the shadow Minister that we on this side of the House talk up our high streets, while all I can hear from the opposite Benches is people talking them down. As for red tape, the family businesses in my constituency were desperate to get rid of the red tape that the Conservatives created during their botched Brexit deals. Does the hon. Gentleman agree that by giving £5 billion to the Pride in Place scheme, this Government are doing a great deal more to support our high streets than his Government ever did?

[Andrew Griffith]

That was a valiant attempt to return to past history, but on this side of the House we are looking forward. Our plan for the high street would remedy the damage that has been done not over past years but over past months, and even again this morning—the collapse in confidence caused by our Chancellor.

--- Later in debate ---

[Miatta Fahnbulleh]

Any economist will tell us that there is always a lag. What we are now seeing are the consequences of the last party’s failures. We are fixing the mess; we are fixing the foundations in order to repair, and I will give examples of that.

Growth is our priority for the nation’s high streets, but we also recognise that, historically, the effects of that have not been equally felt. That is why we are giving communities greater control over their areas, so that they can drive the change that they want to see. In September, the Communities Secretary and I set out the Government’s Pride in Place programme and strategy. We will deliver up to £20 million of funding and support across the 244 places that need it the most—places that were neglected by the Conservatives. It will be up to new neighbourhood boards to decide how that is spent over the next decade, but each area will be encouraged to use the funding to build thriving public places.

[Catherine Fookes]

Does the Minister agree that the £1.5 million that my constituency of Monmouthshire will get for our five high streets will make a huge impact and help deliver the change that we so vitally need in our high streets?

[Miatta Fahnbulleh]

My hon. Friend is completely right. Through our Pride in Place impact fund, we are providing a cash injection to 95 places across the country. That will be spent by local authorities specifically to drive and improve high streets. That is a direct, tangible action that this Labour Government are taking against those 14 years of decline.