Business Rates Relief: High-street Businesses

Jim Shannon Excerpts

Wednesday 4th June 2025 Westminster Hall

[Jim Shannon (Strangford) (DUP)]

It is a real pleasure to serve under your chairship, Ms Jardine. I thank the right hon. Member for Stone, Great Wyrley and Penkridge (Sir Gavin Williamson). He outlined the attractions of his constituency, and I will do something similar. There will then be a choice for everyone here: which is better? I jest—the right hon. Gentleman’s constituency is lovely.

In a world of online convenience, the role of the high street is ever evolving, but the need to ensure that it is worth while for a business to retain a high street presence has remained. The fact is that the costs of energy, heating and lighting a premises, water and insurance—all those hidden costs—are rising and profit margins are steadily decreasing. The rise in national insurance contributions has put additional pressure on businesses that hire staff, which many can simply no longer stand.

I am pleased to see the Minister in his place. He is a very convivial man, and he never puts across his point of view in a way that offends anyone. I congratulate him on that, and I know that he will try to answer our questions on this issue. High street businesses and business relief are incredibly important.

I am very fortunate to have represented Strangford as an MP since 2010, as an MLA before that and, going back to 1985, as a councillor. I have seen many changes in the high street—lots of things happening and new businesses coming—but one of the cores we have is family businesses, which the right hon. Member for Stone, Great Wyrley and Penkridge referred to. I will mention some of them for the record. Wardens has been there for 125 years. We also have Knotts, another family business. We have local family butchers like Carnduff’s and Mawhinney’s, which have been there for the best part of my life, and local bakeries. The clothes shops are all family-owned. There are very few businesses like KFC and so on—those are all out of the town. The town centre is perhaps unique.

We are fortunate to have a number of restaurants and pubs. The Parlour pub and restaurant dates back to 1860—not many restaurants or pubs date back that far, but we have one. We also have Roma Hamill’s and Rice’s—again, family pubs and restaurants in the centre of town—and we have developed a coffee culture. There is only one thing we are missing in Conway Square in Newtownards, where everything looks idyllic: if the sun is there, Ms Jardine, you could be forgiven for thinking you were in the Mediterranean, but if it is not there, you might have a different opinion—as the rain belts down on you and reminds you that we are probably one of the wettest places in Europe.

I am thankful that businesses have evolved. Excel, for instance, has increased its online sales but committed to retaining its high street presence. That is the point I want to make. Older shop owners have moved on, and their families have decided it is no longer viable to have a shop on the high street and have gone online. Online is good, and I want to see it, but I want to have family businesses on the high street. Excel is a family business. Some 65% of their trade is online, but 35% is in the shop.

It has never been harder to have a shop. Bills are rising, and many in Northern Ireland cannot order things from the mainland. Retail NI has highlighted these concerns. It has said that increases in the cost of business in April are the perfect storm. Some 74% of Retail NI members indicate that they will reduce their number of employees, 86% say that they will cut back on their expansion plans and 96% say that more must be done to support local business and to deliver.

We need our local heart back, and the Minister is the perfect man to make sure we get it. We look forward, with expectation, to his answers and to hearing how he will ensure that our high streets are saved right across this United Kingdom of Great Britain and Northern Ireland.