Retail Trade: Urban Areas

(asked on 11th January 2024) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, what steps his Department is taking to support the long-term viability of high streets.


Answered by
Jacob Young Portrait
Jacob Young
Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
This question was answered on 18th January 2024

This Government is fully committed to supporting our high-street businesses and communities.

Thanks to my Hon friend’s hard work, provisions in the Levelling Up and Regeneration Act for High Street Rental Auctions (HSRA) give local authorities new powers to force landlords to rent out vacant units in high streets. HSRAs will be backed by £2 million funding announced as part of the Anti-Social Behaviour Action Plan, to help communities and local businesses take control of empty properties, covering the cost of refurbishing properties, the auction process and council fees.

The High Street Accelerator pilot programme will incentivise and empower local people to work together to develop ambitious plans to tackle vacancy and anti-social behaviour, and work on long-term regeneration plans to future proof their high streets.

The Government’s Long-Term Plan for Towns has identified 55 towns to develop the first wave of Town Partnerships, backed by £1.1 billion overall, to drive ambitious plans to regenerate local towns across the UK over the next decade.

Long-term investment also includes £2.35 billion of Town Deals and over £830 million of Future High Streets Funding across 170 high streets, town centres and local communities in England.

At the last autumn statement, the Chancellor announced a business rates support package worth £4.3 billion over the next five years, freezing the small business multiplier and extending the Retail, Hospitality and Leisure scheme.

I want to thank my Hon friend for her work, and I look forward to continuing to work with her on levelling up projects in Bishop Auckland and our Long-Term Plan for Towns in Spennymoor.

Reticulating Splines