Budget 2018: Potters Bar MP’s views
Potters Bar MP Oliver Dowden has welcomed the measures announced for the Budget to boost Britain’s struggling high streets.
After the Chancellor of the Exchequer, the Rt Hon Philip Hammond MP, revealed the 2018 Budget yesterday, Oliver Dowden was particularly happy about the cuts to business rates.
Mr Dowden said: “It was good to see measures in the Budget to aid struggling high streets, with cuts to business rates and a high street regeneration fund.
“I have consistently lobbied for more support for Potters Bar and will now push for it to receive its fair share of funds to help the High Street and Darkes Lane.”
The MP also welcomed the announcements for new cash for pothole repairs and a beer duty freeze, which he says he lobbied for as well.
In the chancellor’s statement to the Commons he outlined that business rates will be cut by a third for 90 per cent of shops, saving them up to £8,000 each year.
Beer, wine and spirit duty will be frozen yet again, which Mr Dowden said he supports as it “backs our wonderful local pubs”.
There will also be £675 million for a Future High Streets Fund and a new High Streets Taskforce.
Mr Dowden said: “This will support councils to implement plans for the transformation of their high streets.”
It was also revealed that £420 million will be immediately provided to help tackle potholes, bridge repairs and other minor works.
Mr Dowden added: “I will continue to push as your MP over the coming months to make sure that these pledges are delivered on the ground for our community.”