Tuesday 5 June 2018 / 2:54 PM Business / Rebecca Long Bailey

Labour demands action to save Britain’s high streets

Labour will use an opposition day debate tomorrow to speak up for our high streets and town centres which are at the heart of our communities and contribute nearly £100 billion a year to our economy.

High streets have been hamstrung because growth and consumer confidence have been held back by eight years of austerity and the biggest squeeze in wage growth in a generation.

In the first three months of this year, 21,000 jobs have been lost in the retail sector, affecting tens of thousands of households. Labour’s motion calls on the Government to urgently publish a strategy for the retail sector to prevent further store closures and job losses.

Rebecca Long Bailey MP, Labour’s Shadow Business Secretary, said:

“This Conservative Government has failed to support the retail industry, our largest industrial sector. Their industrial strategy contains only three references to the retail sector.

“21,000 jobs have already been lost in the retail sector this year in big-name chains such as Toys R Us and Maplin. 

“The Tories must urgently publish a retail sector strategy to save Britain’s high streets and prevent even more jobs being lost.

“The next Labour government will support retail by investing in skills, developing a Catapult Centre for retail and creating a retail sector council. We will also work with unions and management to ensure that jobs are safeguarded.”