Future of Town Centres and High Streets

Dudley is an important area and the hon. Gentleman makes a strong case for it, but I think it probably ranks somewhere behind my constituency in relation to this matter. In the last few days alone, we have seen some long-standing store chains, such as Blacks Leisure, Peacocks and Barratts, all enter administration. In the words of Mary Portas,"““our high streets have reached a crisis point,””" a statement with which I am sure many people up and down the country will agree. A number of factors have led to the decline of our high streets, although the main reasons are undoubtedly the steady rise of out-of-town retail shopping malls, together with the dramatic impact of the arrival of internet shopping, which has soared. Back in 2007, it accounted for 4.8% of retail sales, but last November it was found to account for 12.2%. That is a challenge to our town centres, and it will be greatly exacerbated by the increased use of mobile phone technology, which is broadening the internet spectrum.