How online tax can save high streets as Rishi Sunak vetoes Amazon move – The Yorkshire Post says
It is a societal trend that will also not be easy to reverse now that “home working” has become entrenched as the “new normal” for a significant proportion of the workforce. It’s also scant consolation to those retail and hospitality ventures that targeted office workers.
Advertisement
Hide AdAdvertisement
Hide AdYet, just as so many of Yorkshire’s market towns and businesses have adapted in the pandemic’s wake, it is the same for cities like Leeds and Sheffield – the onus is on them to alter their appeal so that people have a reason to visit them for employment, retail or leisure purposes.
But this will require a far more flexible planning system and funding from the London government to help with rejuvenation work – all the more reason why a tax levy on the warehouses used by internet giants like Amazon would make political and economic sense so they no longer undercut struggling high streets.
And it is perplexing that Chancellor Rishi Sunak has chosen this issue to demonstrate his low-tax credentials ahead of a possible Tory leadership contest – he should know, from talking to traders in towns like Northallerton in his Richmond constituency, that online giants do have an unfair advantage when it comes to business rates and that he should be doing everything within the Treasury’s power to help high streets survive and, hopefully, thrive after an economic and public health emergency like no other.
Support The Yorkshire Post and become a subscriber today. Your subscription will help us to continue to bring quality news to the people of Yorkshire. In return, you’ll see fewer ads on site, get free access to our app, receive exclusive members-only offers and access to all premium content and columns. Click here to subscribe.
Comment Guidelines
National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.