Topical Questions

Part of Oral Answers to Questions — Treasury – in the House of Commons on 29th January 2019.

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Photo of Philip Hammond Philip Hammond The Chancellor of the Exchequer

That is not what the Government propose or have proposed, but we must recognise that retail is changing and that the nature of our high streets has to change. The future high street will probably be smaller than the high streets of today. It makes sense to use the land that is released around our high streets to develop residential accommodation, addressing the housing challenges that we face, but also bringing footfall back into our high streets and town centre areas to give them vibrancy and a decent chance for the future.