I beg to move,
That this House has considered the regeneration of city and town centres.
It is a pleasure to see you in the Chair, Mr Vickers. In less than one month, our city and town centres should be at their best. On Remembrance Sunday, they will be full as we gather at the war memorials that are, rightly, the focal points of our public spaces. As we look around and hear the “Last Post” and the “Reveille”, we will feel an intense pride in the people we are with, our history and our home.
We want our city and town centres to instil in us that same sense of pride. But in too many of them, the backdrop will include empty shops and units. Remembrance Sunday is a time when our town and city centres will be full of people, but, for too many, the footfall on most days is far lower than needed to support local businesses and venues.
In Derby, we are proud of our city—of what we make, of our history and of our creativity. We want our city centre to reflect that. We must have public spaces in every town and city that people can feel proud of and safe in, and want to come to—not just on Remembrance Sunday but the following day, and every day. I am hugely optimistic about creating centres that are fit for the future. It is wonderful that so many Members are here today, demonstrating that the political will is there.
It is fantastic to be able to open today’s debate on city and town centres because without a great centre, there can be no great city or town. The centre can often set the character and personality of the rest of the town or city. Seven in 10 of us judge the vitality of an area, as a whole, on the high street alone. An attractive centre means that we are more likely to visit and spend time, invest or start a business, work or study, or permanently move to the area—all essential to that elusive agglomeration effect that drives economic growth, attracting talented people and providing a space for them to share knowledge.
That is what we are doing with major regeneration schemes in Derby. I have pledged my support for Becketwell, with a 3,500-capacity performance venue and a transformed market hall for stallholders due to open next year. Last week, work started on the redevelopment of the Friar Gate goods yard after 50 years of the building lying vacant. The University of Derby is also building a new business school, while Derby is this year’s No. 1 city for new graduates, with an average graduate salary of more than £40,000—the second-highest outside London, according to recruitment experts Talos360.
For those reasons, Derby is attracting a lot of inward investment. I pay tribute to the leadership of the council leader, Nadine Peatfield—and, before that, of my hon. Friend the Member for Derby South (Baggy Shanker)—in driving regeneration forward. I also thank the Minister for listening to the case that we made for the restoration of the historic Guildhall theatre and the redevelopment of Derby theatre, and for the £20 million that we now have to take that forward. It is exciting to be part of transforming the city centre with Marketing Derby and the business investment district: our city centre businesses pulling together.
The Centre for Cities reminds us that
“successful city centres are the most productive parts of the UK economy”
and of the role of national Government in accelerating planning reforms, facilitating substantial public investment to kick-start projects and focusing regeneration schemes on our centres. But no matter what new buildings and infrastructure we are able to build locally, it is the foundations that the Government will lay that I want to turn to. The flagship five-point plan to rejuvenate high streets is fundamental, but, as broad as that is, the issues go wider—into culture, transport, devolution, housing, small-business support and beyond. In essence, there needs to be a whole-Government approach, and that is what I want to turn to.