The Labour Party has pledged its support to the UK’s high streets with a campaign calling for urgent action to help retailers, save jobs and give communities a say in their local area.
Labour’s four-point plan echoes a similar strategy by the Government, which earlier this year hired retail guru Mary Portas to come up with a plan to protect UK high streets.
Drapers Independent Retailer Directory
The first proposal is a temporary cut in VAT from 20% to 17.5% to give struggling retailers a boost and put more money in consumers’ pockets. Labour would also put communities in charge of their high street, allowing residents and retailers to have a say on retail plans in the area.
Labour also wants to revive its empty shop initiative from its time in government whereby councils used empty shops for innovative uses including cultural, community or learning services.
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