Labour announces its plan to save high streets

In Industry News On

The Labour party has announced a four-point plan to save Britain’s high streets. The proposals include enacting a temporary cut in VAT and introducing a retail diversity planning clause to give local people a say on any retail plans for their area.

The party is also suggesting that the government creates a ‘competition test’ in the planning system to help ensure a level playing field between small and large shops, and recommends the implementation of Labour’s empty shops initiative to enable councils to pursue innovative uses for empty shops.

Jack Dromey MP, Labour’s shadow Local Government minister, said: “We need to put the heart back into Britain’s high streets. Labour wants to give communities a real say over the future of their high street and the power to make the changes they want.”

Retail guru Mary Portas is currently carrying out a government-backed review aimed at halting the decline of the high street and will present her findings and recommendations in the autumn.

Responding to Labour’s plan, the British Retail Consortium said that urgent action was needed to cut red tape. The BRC also recommends a moratorium on new regulatory burdens for companies of all sizes, and action to smooth index-linked Government-driven costs such as Business Rates which the BRC says affect retailers disproportionately.

Jane Bevis, BRC director of public affairs said: “We already have excellent tools such as Business Improvement Districts which can deliver the re-investment and invigoration many high streets need. They should be used to forge genuine local partnerships.”

You may also read!

How to heat the home office efficiently this winter

 Working from home might seem like the ideal situation but with spiralling fuel costs and the prospect of heating

Read More...

New website & PIM System to boost sales for Sirius Members

Sirius, major buying group in the electrical appliance and kitchen retail sectors is delighted to launch its PIM (Product

Read More...

Celebrating 25 Years of TVD Group

September 2021 marked the month that the TVD Group turned 25 and what a fantastic milestone this is. Founded

Read More...

Mobile Sliding Menu

©2021 Innovative Electrical Retailing. Datateam Business Media Limited. All rights reserved.
Registered in England No: 1771113. VAT No: 834 8567 90.
Registered Office: 15a London Road, Maidstone, Kent ME16 8LY
open