Adam Thompson

Adam Thompson

Labour — Erewash

Speaking in the House of Commons on 15 January 2025

Debate

Non-Domestic Rating (Multipliers and Private Schools) Bill

Contribution

I am grateful for the opportunity to speak again on this Bill, having been part of the scrutiny process in Committee. The Committee heard representations from a wide variety of experts in related fields, and I was heartened by the news that many experts felt that this Bill would have a positive impact on 98% of the retail stores that make up our communities. In particular, small convenience stores such as the local Co-op or the great British corner shop will see great benefits to their capacity to support staffing, security and other operational functions. Our incredible independent shopkeepers, such as those who populate the high streets of Ilkeston and Long Eaton in my constituency, will have more funds to take on additional staff, improve their security set-ups and gain long-term confidence in their ability to serve our community. These measures represent a simple, common-sense approach to rebalancing the scales in favour of local retailers and away from the online giants, and increasing taxes on the biggest players while relieving the burden on local retailers.

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