Michael Payne

I congratulate the Golden Smog on its initiative. I look forward to having a pint there with my hon. Friend next time I am in his constituency. Gedling has nearly 3,000 businesses, 98% of which are small or micro. Retail and hospitality alone support over a quarter of the jobs in my constituency. Those are not just numbers; they represent livelihoods, families and futures. That is why I welcome the Labour Government stepping in where the last Conservative Government left a cliff edge. Instead of pulling the rug out from under small businesses, we are providing a lifeline: a 40% business rate relief, targeted where it is needed most. Labour does not turn its back on small businesses; we back them. More than 10,000 pubs and bars shut under the Conservatives. By contrast, this Labour Government are acting: permanent business rate cuts from 2026; high-street rental auctions; and a ban on unfair rent clauses—real measures to make our high streets revive and thrive. The Conservative motion mentions “catastrophic choices”, but Conservative Members should take a long, hard look in the mirror. On their watch, inflation peaked at 11.1% in October 2022, and food inflation hit 19% by March 2023. [Interruption.] I can hear chuntering on the Opposition Benches, but those inflation levels did not just hit household budgets; they scarred small businesses in Gedling and across the country.