Local MP Justine Greening welcomed today’s announcement by the Chancellor, Philip Hammond, for more funding to improve our High Street alongside cuts in business rates.
Justine said: “I’ve been pressing the Chancellor to take clear action to support Putney High Street, and others like it, in today’s Budget. Our Council is already investing in upgrading our High Street, including measures to cut air pollution. I hope that this £675m Future High Streets Fund can now help to unlock the next stage of improvements that Putney High Street needs to make it more pedestrian friendly, with a better shopping environment. I’m also interested in seeing how Roehampton High Street and Southfields Village might also be able to benefit from the Fund.
“I’m also particularly pleased to see that extra support through the business rates system means that bills will be cut by a third for retail properties with a rateable value below £51,000 for 2 years from April 2019. This will really help some of our smaller, independent local shops, pubs and restaurants across Putney, Roehampton and Southfields which I know local residents hugely value so it’s great that the Government is supporting them.”