Business Rates Relief: High-street Businesses Debate
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Gideon Amos
Main Page: Gideon Amos (Liberal Democrat - Taunton and Wellington)Department Debates - View all Gideon Amos's debates with the HM Treasury
Business Rates Relief: High-street Businesses
Gideon Amos Excerpts(3 days, 19 hours ago)
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Steve Darling (Torbay) (LD)
It is a pleasure to serve under your chairmanship, Ms Jardine. I congratulate the right hon. Member for Stone, Great Wyrley and Penkridge (Sir Gavin Williamson)—that’s the hardest bit of the speech out of the way now—on securing this important debate.
When we reflect on our communities, it is often our town centres that we think about. Whether it is our own communities, which many hon. Members have spoken about with great love, or others that we enjoy visiting, it is often the town centre at the heart of it that we truly love. However, the challenge that we have faced over recent years is the strange death of our town centres, whether that is a result of out-of-town shopping, online shopping or, more recently, the failure under the Conservatives to reform the business rates system. We now need the new Labour Government to step up to the mark and ensure that reform happens.
As many hon. Members have noted, it is clearly not just about business rates. The problem has been exacerbated by the national insurance hike, which has had a massive impact. Many businesses tell me that they are comfortable with the increase in the minimum wage, but the double whammy of national insurance hikes and the lowering of the levy has had a major impact on them. The worry for many Opposition Members, I am sure, is that the current Government see business as a cash cow. If they bleed the cow too much, it will die. That is a real challenge. I ask the Government to reflect on that.
Gideon Amos (Taunton and Wellington) (LD)
Does my hon. Friend share my concern about Hatchers department store in Taunton? It was founded in 1775, but because of the combined effects of the change in business rates and the revaluation, it has seen its business rates go up by 144% in one year.
Steve Darling
My hon. Friend makes a very good point. I congratulate him on coming from the glorious county of Somerset, where our Liberal Democrat colleagues have had to pick up the pieces after the disastrous Conservative-run council effectively ran it into the ground for many years.