Shadow Business Minister Chuka Umunna and I visited local businesses on Wood Green High Road on Friday.
We stopped in at independent businessesCoffee Republic, BurritoCo and Gokyuzu & Kervan to chat with owners and staff and discuss Labour’s plans to cut business rates.
The contribution of businesses like these to our area is huge. They are the glue of our community, providing us with the goods and local jobs we need. There is a real entrepreneurial spirit here that is great to see.
But we have to do more to help them. Labour will reduce business rates for smaller business properties, but locally we need to continue to make Wood Green an inviting destination to visit.
I’m determined to be a powerful champion for local businesses and make Wood Green High Road a place that people seek out.
Haringey’s Labour Council is currently looking at how to encourage the regeneration of Wood Green High Road, working with businesses and local residents. A key idea to be explored is how to maximise Wood Green’s existing food and beverage destinations, which reflect the diversity of the area, to bring diners and shoppers in greater numbers.
Chuka said it was fantastic to visit businessesin Wood Green with Catherine. He praised the diversity of the area and its independent businesses.
“Tradersin Wood Green add to thethe diversity of the High Streetand play a vital rolein Haringey’s economy.
“To backsmall businessLabour will cut,then freezebusiness rates for over 1.5 million business premises, saving small firmshundreds of pounds annually. And we’ll make sure businesses can access they finance they need to grow by setting up a British Investment Bank supported by a regional network.”