Contribution
Everybody is always welcome to Hackney South and Shoreditch—it is the centre of the universe, although others may disagree with me. It is only half an hour by bike or public transport from this place, so I highly recommend it—a good night out will be had by all!
The new breweries and pubs are bucking the trend in hospitality, and the archway areas are becoming hubs for other businesses. High streets can be challenging, but in Hackney our high streets still do reasonably well, partly because although Hackney is often described as being very hip, cool and expensive—and that is true—it is still achingly poor. One in two children live in poverty, although thanks to the Government’s changes on child poverty hopefully that will reduce, and nearly 60% of people live in social housing, many in overcrowded conditions. The arches are part of what might be called “new Hackney”, but they build on the old traditions.
Saint Monday is an innovative brewery that combines brewing with heavy metal, so any heavy metal fans here can get a bit of real ale and heavy metal in the same place. Great Beyond taproom and brewery, another archway-based business, was set up by Ollie, Nick and John, three beer-loving friends. They do some amazing work and people can buy great Shoreditch and Hackney-made beer there. I forget which bar serves which beer—perhaps we need to do a crawl of all the ones named after Hoxton and Shoreditch? That alone would keep us busy.
The Howling Hops brewery brews on site as well, and I really like the 40ft Brewery in Dalston, which I go to every now and again. The name 40ft refers to that fact that it is based in two 20-foot shipping containers, so not arches this time. That would not reach the heritage standards set out by the hon. Member for Kingswinford and South Staffordshire, but there is interesting new heritage coming through in our breweries. Many breweries offer tours, including Signature Brew and Five Points, so if people are thinking about gifts as we approach the festive season, I highly recommend a visit to Hackney and a tour of one of the breweries. This shows the modern culture that is coming through. Some of the breweries are in heritage buildings, and the arches have their own heritage, but the challenge would be whether they qualify under the provisions set out in the hon. Gentleman’s Bill.
I want to talk a little about assets of community value. When I read the Bill for the first time, I was trying to find what was specifically different about the provisions relating to assets of community value. The hon. Member for Kingswinford and South Staffordshire outlined some of that in his speech, so I am now a little wiser to his thinking. Assets of community value were introduced in the Localism Act 2011. It provides communities with a route to nominate and retain any building or land, such as heritage pubs, that they feel
“furthers the social wellbeing or social interests of the local community”.
Local authorities are responsible for ensuring that those schemes are run in accordance with the legislation, as set out in part 5, chapter 3 of the Localism Act 2011 and the Assets of Community Value (England) Regulations 2012. That includes making decisions on whether a nominated asset meets the definition of an asset of community value, as set out in the Act.
Although I have no scepticism about the hon. Member for Kingswinford and South Staffordshire’s intent, which a lot of us share, I remain sceptical about the Bill. The Government are already strengthening the assets of community value scheme, which I am sure the Minister will go into in her remarks, through provisions in the English Devolution and Community Empowerment Act 2026. That will introduce a new community right to buy that covers some of the provisions in the Bill, including, from memory, clause 9 about how people can put in a bid to own a property. Communities will have the first opportunity to purchase an asset if it is put up for sale by its owner. They will have 12 months to raise funding and there will be an independent valuation process to ensure a fair price, so that negotiation is successful. That is close to a lot of the provisions in today’s Bill, so he is welcome to intervene and tell me why he thinks his Bill is different.