Member

My Motion B1 seeks to give the Secretary of State the discretionary power to retain the higher standard multiplier for anchor stores. This would allow the Secretary of State to remove the higher multiplier if it becomes apparent that there are a number of integral businesses leaving the high street or opening new stores outside town centres. It does not require any action, but instead gives the Secretary of State the discretion to exempt these shops should our fears that the Bill will harm our high streets prove to be correct. Nothing that I have heard from the noble Lord at the moment gives me any reason to believe that this has been dealt with. Therefore, I intend to test the opinion of the House on Motion B1.