Debenhams falling into the hands of its lenders – Bill Esterson responds
Bill Esterson MP, Labour’s Shadow Business Minister, responding to Debenhams falling into the hands of its lenders, said:
“Our retail sector is in crisis. The government must urgently meet with both the unions and Debenhams to ensure that workers are safeguarded.
“Labour’s five point plan, from our reform of business rates to our empty shops register, will rejuvenate the high street and town centres. It is vital that we support retailers, their staff and the communities they serve.”
Notes to editors
Labour’s 5 point plan to support Britain’s high streets:
- Ban ATM charges and stop bank branch and Post Office closures
- Improve local bus services and provide free bus travel for under 25s
- Deliver free public Wi-Fi in town centres
- Establish a register of landlords of empty shops in each local authority
- Introduce annual revaluations of business rates, ensure a fair appeals system and review the business rates system to bring it into the 21st century.
A cross departmental working group lead by Bill Esterson, shadow business minister has been convened to look into long term support for our high streets and town centres.