Supporting Small Business

Part of the debate – in the House of Commons at 6:26 pm on 19 October 2021.

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Photo of Mick Whitley Mick Whitley Labour, Birkenhead 6:26, 19 October 2021

I warmly welcome the opportunity to champion everything that small businesses are doing to build a better Birkenhead in the wake of covid-19—from the many cafés and restaurants that gave so generously during the height of the pandemic so that no one went hungry to the All About You beauty parlour, which I opened last summer and which provides dedicated support to people undergoing chemotherapy treatment and pamper days for dementia patients.

Just last week, I had the great privilege of visiting some of the small businesses that are putting Birkenhead back on the cultural map, including Future Yard, a brand-new music venue that gives anything in Liverpool a run for its money—apologies to my hon. Friend Kim Johnson—and Make Hamilton Square, a profit-for-purpose that provides accommodation to social enterprises and promising new artists.

For far too long, my constituents had become accustomed to the depressing sight of rundown high streets and shuttered shop fronts. Although much more work still needs to be done, things are at last beginning change. The small businesses I have mentioned are leading the charge, bringing jobs and investment back to our town and restoring a sense of pride in the place we call home. They are all totally committed to giving back to their community.

For left-behind towns like Birkenhead to truly thrive, the Government must first recognise the profound responsibility that they have in supporting our town centres as we slowly emerge from covid-19. Too many businesses in Birkenhead and across our country face an uncertain future as they grapple with soaring prices, stock shortages, the end to rates relief and the impending hike in national insurance contributions. In my constituency alone, nearly 150 small businesses are in danger of going under—a terrifying statistic for a town already suffering from some of the UK’s highest levels of poverty and joblessness.

Things do not have to be this way. As the shadow Chancellor has said, reforming an outdated and regressive business rates system is essential if the Government are serious about honouring their promise to level up and build back better. The current system is just not fit for purpose, placing an unbearable burden on small and independent businesses while tech giants and multinationals hide away billions in offshore bank accounts. By freezing business rates and increasing the threshold for small business rates relief, we can lay solid foundations for our economic recovery and get the economy firing on all cylinders once again. That is why I will support my party’s motion later.