High Streets Regeneration

We are committed to supporting the businesses and communities that make our high streets flourish. We are funding new partnership models with high street accelerators, implementing high street rental auctions, and introducing a strong new right to buy for community assets to empower local communities to rejuvenate our high streets and address the blight of vacant premises.

High streets up and down the country are the backbone of our communities, but over the years have been facing decline. For example, Gillingham High Street in my constituency, where only yesterday we launched our Love Gillingham campaign and initiative, faces numerous challenges. Will the Minister agree to meet me to discuss some of those challenges, as well as the possibility of a compulsory register of properties on high streets, so that councils can easily engage with owners to find new uses for them when they fall vacant?

I thank my hon. Friend for that question. I totally agree on the important role that healthy and vibrant high streets play for communities. Initiatives such as Love Gillingham are vital in bringing local people together to create high streets that work for them. Ensuring that local authorities and the communities they serve have the tools they need to support the high street is a priority. With regards to ownership, HM Land Registry is searchable for a variety of information, but I welcome the chance to meet my hon. Friend to discuss that, and perhaps Love Gillingham as well.

The regeneration and refurbishment of town centres such as mine is being structurally disincentivised by the tax regime, which gives preferential treatment to new builds on out-of-town retail parks, instead of renovating our much-loved historic high streets. Southport’s town centre is beautiful, but has definitely seen better days. Just this weekend, our much-loved independent bookshop, Broadhurst, was closed down after over 100 years of trading. Given the dire economic circumstances we inherited from the former Government, what can the Minister do to incentivise the private sector to invest in our town centres and high streets, bringing life back to them?

I am grateful for that question. With your forbearance, Mr Speaker, may I say, before I answer, that I and my ministerial colleagues know my hon. Friend’s community has been through a dreadful last few weeks and that our support is with them? I know he will come forward with other ways in which we can help. We went through something similar in Nottingham and I know how dreadful it is for the community. We are here to help. On the tax regime, we are committed to a fairer business rate system. In our manifesto, we pledged to level the playing field between the high street and online giants, as well as to incentivise investment, tackle empty properties and support entrepreneurship. Listening to business and communities, we will continue to consider how we can go further to support high streets, while new powers such as rental auctions and the right to buy community assets empower those communities to address decline.

The Government are rightly focused on bringing empty properties back into use as part of our commitment to regenerate high streets, but encouraging footfall by supporting local communities to hold events in our town centres is another way we can bring life back to our high streets and support local businesses. That is certainly the approach I took when I was the cabinet member on Medway Council in charge of economic regeneration, using the UK shared prosperity fund. Will my hon. Friend meet me to discuss learnings from that experience and what an improved new fund could look like under this Government?

I thank my hon. Friend for her kind invitation: I am keen to understand more about the Medway experience. I know that the UK shared prosperity fund has been used very effectively throughout the country, and that there is a great deal of interest in its future. Decisions on funding beyond March 2025 are a matter for the Budget, but in the meantime I am keen to talk to my hon. Friend about her experience and the lessons that have been learnt.

My constituency is full of great high streets. Bawtry was buzzing when I visited it yesterday for the car show, and I have also recently visited Parkin Butchers and Tyto Law Solicitors in Crowle. These people take huge pride in the services and products that they offer, but just down the road shop premises are vacant and, in some instances, have been vacant for months, if not years. How do the Government intend to stop the buying up of such outlets and deal with the lack of any obvious urgency, or indeed potential, in respect of their ever being reopened?

I am grateful for that question. We have all been through a major political event or two this year. As is customary, we have been knocking on doors, and we know how frustrated people all over the country feel about the vacancies on their local high streets which are bringing down their areas. We have to rebalance this. High street rental auctions, which I have already mentioned, will give councils powers to require landlords to bring vacant commercial properties back into use for their original purpose so that we no longer see all those boarded-up units described by my hon. Friend, with people just sitting on them without providing any social purpose.

I call Mel Stride. Sorry; he is not here.

Our high streets are undoubtedly changing. Conservative-led Walsall Council is working hard to secure positive change in areas such as Brownhills and the regeneration of Ravenscourt, and we have a new civic square. What additional resources will the Minister make available to councils? The regeneration of our high streets, both residential and commercial, is an excellent way of helping to protect green-belt land by also regenerating important town centres.

The right hon. Lady is exactly right. The future of the high street is not about returning to how things were. There must be a place for leisure, a place, of course, for retail and a place for residential properties, and councils of all political persuasions throughout the country are trying to find that perfect alchemy. We have inherited an extremely difficult funding situation, but we are working our way through it, and future funding decisions will be made in the Budget on 30 October.

I am not sure that Mel would be all that flattered, actually! Banking facilities are important to our high street traders. Bedale, among other towns, has no banks, and does not even have a working ATM. Given that banks have saved about £3 billion a year by closing branches, what is the Minister doing with his counterpart in the Treasury to ensure that we have proper banking facilities in towns such as Bedale?

The hon. Gentleman knows whereof he speaks. This is another question that we are addressing up and down the country. We know that banking facilities bring people into towns and villages, and give rise to a virtuous circle. We have committed ourselves to providing 350 new banking hubs and, as the hon. Gentleman suggested, we are working with Treasury colleagues on their delivery.

The outdated business rates system has left some market towns, such as Wincanton in my constituency, with empty premises on the high streets, damaging communities’ sense of pride and preventing councils from benefiting on the back of flourishing town centres. Will the Minister work with his Treasury colleagues to boost small businesses and regenerate high streets by reforming damaging business rates?

That is a commitment that we made at the previous election, and we intend to deliver on it.

I congratulate the Secretary of State on her recent reappointment, and also on her dancing skills. The stronger towns fund has been extremely successful in Hereford, and the question has arisen as to whether any of the funds that may be within that scheme and have not been used elsewhere could be redeployed. May I invite the Secretary of State and her team to consider whether that might be possible and, potentially, put in a bid? That would pour important new life into a scheme that is already going incredibly well.

I thank the right hon. Gentleman for his question. We want to see greater flexibility, and we want to see more integrated, single-settlement funding pots so that local communities have that flexibility. We are dealing with a transition from the previous model that we inherited, and it will take time to re-engineer from one to the other. Initial spending decisions will be a matter for 30 October but, in principle, I understand exactly what he is saying and the value that communities would take from that.