Bedford Borough Council has accepted a proposal from Conservative Councillors to request new powers to levy a small charge on large, out of town retailers with the proceeds used to support Bedford town centre.
In July, Derby City Council led a formal proposal from 20 councils asking the Government to allow them to implement a levy on large, out of town retailers. The funds obtained could then be used to improve town centre facilities and support local jobs and growth.
Bedford town centre traders have struggled in recent years to compete with national retailers in out of town sites which often offer free parking. The Council’s Conservative Group feels that the suggested levy, which could amount to around 8.5% of a large retailer’s business rate payment, would enable the Council to level the playing field in favour of Bedford town centre. Research suggests the small levy would not harm the affected businesses as it would amount to less than 0.1% of their income.
Cllr Moon’s proposal received all party support at the Council’s meeting on Wednesday evening. A consultation process can now begin before a proposal is submitted to the Government under the Sustainable Communities Act 2007.
Cllr Moon said:
‘Bedford town centre has struggled to compete in recent years with the prevalence of large supermarkets and out of town shopping centres. These sites typically have free parking and have drawn potential customers away from local retailers in Bedford town centre.
‘The small levy on large, out of town retailers would not harm the profitability of the affected businesses but would raise enough funds to provide a timely boost to Bedford town centre. This would increase choice and competition.
‘This proposal depends on the agreement of the Government but a growing number of local authorities see it as an innovative measure that can revitalise town centres. I am pleased that the proposal was supported by all parties and we can now begin the process of making a formal request to the Government.’