Contribution
I beg to move,
That this House has considered Government support for high street businesses.
It is a pleasure to serve under your chairship, Ms Lewell. For decades, centuries and even millennia, towns and their high streets have been the focus of commercial and community activity—not just for the towns themselves, but for surrounding villages and rural communities. Whether it is for market day, celebrating great events such as VE Day, essential services such as banking and laundrettes, or spending time eating and drinking with friends and family, high streets and urban centres have long offered so much. However, across the country, our high streets and their businesses are struggling as never before. Too many, sadly, are falling into disrepair, with empty shops, cracked pavements, antisocial behaviour and crime, and streets strewn with waste.
Such issues are seen across the country. The 2025 Simply Business “SME Insights Report” on small and medium-sized enterprises found that more than half, or 63%, of small businesses believed that the high street as we know it will be obsolete in the next 10 years. This debate is an important opportunity to set out why central Government support is essential for high street businesses to thrive.
My constituency has three towns. I will say a little about the challenges and opportunities that they each face, before covering three key themes on the support that they and other high streets and businesses need. Didcot is the largest town in my constituency. It has seen huge housing growth in recent years, a trend that continues with the ongoing development of Valley Park. The town centre does not have a single focus, such as a traditional market square. Instead, it has two key areas: an older high street called the Broadway and a new retail park called the Orchard Centre.
Both the Broadway and the Orchard Centre face the challenges of antisocial behaviour and shoplifting; far more co-ordination between police, local authorities and businesses is needed. Didcot Broadway contains a range of shops, cafés, takeaways and restaurants. I thank Little India for the fantastic paneer jalfrezi that I got for a takeaway on Monday evening. Broadway also has the wonderful Mulberry pub at its western end. The Broadway forms the centre of the town, but businesses face many challenges, including the presence of the popular Orchard Centre retail park close by.
Amer Siddique, owner of Snack@Teas, formed a group of local business owners and is a passionate advocate for investment in the Broadway and town centre. I shall explore a number of those business owners’ concerns in my speech. Didcot’s last bank closed this year, despite the town’s population having grown to more than 32,000. It remains to be seen how well a proposed banking hub will fill that void. Parking in the town is a big concern as well, as a result of the rising population, although I am pleased that the Orchard Centre listened to vociferous local concerns and changed its mind on introducing car-parking charges.
In the east of my constituency, Wallingford is the smallest of the three towns, but more than makes up for that with its history, which goes back to Anglo-Saxon times. Its town centre high streets have a range of small businesses, full of character, such as the independent Wallingford Bookshop and Le Clos, a wine bar also offering amazing food, including tarte flambée with a range of toppings—baked flatbreads originating in the Alsace region of France. A key challenge for an ancient town is how to accommodate car traffic and parking to maintain visitor levels, given the large towns and cities fairly nearby. There is also frustration in Wallingford that NHS criteria seemingly prevent more than one pharmacy being able to serve the town.
Finally, Wantage is the second largest town in my constituency and the birthplace of King Alfred. In Wantage, the great Market Place is lined with independent shops, cafés and restaurants, with a retail park in the town centre, too. Wantage’s Argos store has been shut for two years, and New Look has now closed its doors as well, so vacant premises are a concern and many existing businesses highlight the crippling impact of significantly increased business rates—including the Vaults bar and pizza restaurant, the Kings Arms pub and the Bear Hotel, the last of which reports a doubling of its business rate charges. Consultation and debate are ongoing about how to further improve Wantage Market Place, which is dominated by car parking and bus stops. Special events that see Market Place closed to traffic, including the annual Dickensian evening, are popular and see the place filled with visitors.
The three towns, and their high street businesses, have three themes at the heart of their challenges and concerns, the first of which is the growing burden of business taxation and costs. Local businesses are feeling hammered by rising costs and barriers to their growth and hiring people; they feel there is an unfair playing field, given that online businesses are not taxed in the same ways and to the same degree. They feel that business rates are a flawed tax that is not directly related to either income or profit. Businesses in my constituency feel that recent Government changes to business rates have done little to ease the difficult situations they face, and certainly fall well short of the radicalism that was at least implied in Labour’s 2024 manifesto.