Supporting High Streets

Debate between Sarah Olney and Al Pinkerton

Tuesday 4th November 2025 Commons Chamber

[Sarah Olney]

My hon. Friend is absolutely right. We are talking about high streets, but there is a much wider issue across the entire economy about the workforce. If we can get solutions to work for some of these things, they will have a knock-on impact, and many more sectors will see a boost to their economic prospects.

On business rates, which so many of my hon. Friends have raised, the current Government pledged in their manifesto to replace the business rates system, but still no meaningful action has been taken. As we are nearly 18 months into this Government, I wish to ask if they plan to keep their word on that commitment.

[Dr Al Pinkerton (Surrey Heath) (LD)]

I am grateful to my hon. Friend for giving way four times in such quick succession. Of the £40 million of business rates levied this year by Surrey Heath borough council, only £1 million has been retained locally. Given that borough councils levy business rates and that businesses have an expectation that the money is retained locally, does my hon. Friend agree with me that it is vital that the money gets put back into the local economy to improve infrastructure and to increase the sense of place? If that cannot be done, perhaps business rates should be scrapped altogether and replaced with a more just way of raising funds.

[Sarah Olney]

My hon. Friend’s local high street in Camberley is very close to my heart, because my first job was in WH Smith there some years ago now. He is absolutely right about business rates, and I repeat my question to the Government: please, what action are you going to be taking on business rates?