Contribution
It is a pleasure to serve under your chairmanship, Ms Jardine. I thank my right hon. Friend the Member for Stone, Great Wyrley and Penkridge (Sir Gavin Williamson) for securing this debate. It would be remiss of me not to mention my right hon. and learned Friend the Member for Fareham and Waterlooville (Suella Braverman); as a rifleman, it is great to hear Waterlooville spoken about. The 95th Rifles fought there, and it was one of our battle honours. Every day is a training day.
This hugely important debate is relevant to every constituency up and down the country. I firmly believe that small businesses are the backbone of the UK economy. We must do as much as we can to release them from red tape and to reduce taxes, in order to see the great growth that will support our high streets.
After the autumn Budget, I set out across South Shropshire to speak to as many businesses as possible. I launched my small business campaign, which I was delighted to see Ludlow Nutrition win, and which showed me how much love there is for small businesses across the constituency. I recently held a roundtable with the chamber of commerce, which I thank for its work in bringing businesses together across the constituency to hear about the highs and lows and to hear what is working and what is not.
I wanted to go further, so I partnered with Love Bridgnorth and launched a local high street campaign. When it is finished, I will be delighted to share the results with the Minister so that he can see what local residents have said about high streets. What encourages them to come to the high street? What are the problems? What would they like to see from the Government? I have put those questions to thousands of people, and I look forward to seeing the results.
I want to talk about two core areas. One is retail shops on the high street, and the other is hospitality and local pubs, of which South Shropshire has some of the best. Local businesses are facing uncertainty because of the impact of the national insurance rise and the change to business tax. They are tending to do one of a few things: stopping recruiting, not investing in expansion to go for growth, or putting up prices, which can be inflationary. Those are all things that they do not want to be doing.
Earlier in the year, I got many of the local publicans together in Ludlow. The Minister has heard me talk about this before, but I really want to push Ludlow as the fine food capital of the country. The publicans told me what was working, what was not and what was hard. If Ludlow, with all its great pubs and its fine food festival, is struggling to make a profit, that is a concern. Some of those pubs have been trading for 20 years. They have the same footfall and the same turnover, or sometimes even more, but they cannot make a profit. It is not like covid or a financial crash; it is an ongoing situation that they are finding it exceptionally hard to deal with. They are not asking, “How do I survive?” They are saying, “I don’t know what the future looks like.”
I have spoken openly about how I have been teetotal for 13 years, because I used to drink way too much and had a problem with alcohol. So why am I talking about pubs? In South Shropshire, a constituency of 700 square miles, they are a lifeline. They are community assets. People would otherwise be sitting at home on their own come to them, because that is where their friendship groups are. They are a hub for much of our constituency. The other day, I enjoyed going to the George and Dragon at Much Wenlock. There is also the Mill at Leighton and great food at the Mytton & Mermaid in Atcham, where I have taken my right hon. Friend the Member for Stone, Great Wyrley and Penkridge before now.
I will not push my time limit, but I ask the Minister to look at reducing VAT to 12.5%, as we did through covid, to help out pubs and small businesses. I also ask the Government to reduce business rates back to 75% until we know what the new rates will look like.