Mike Wood, the Conservative MP for Kingswinford and South Staffordshire, is helping small businesses and local high streets thrive. Mike believes small businesses and village centres are crucial to the community and contribute more than just the goods and services that they sell. However, establishments are facing more pressures than ever, and Mike is determined to help.
To support businesses and improve the local economy, Mike has successfully secured millions of pounds of investment in high street regeneration. This investment is necessary for simulating economic activity, attracting more businesses, and increasing overall community growth. Additionally, Mike has helped extend business rate relief for small shops and independent cafes for another year, saving owners 75% off bills.
Mike said: "Small businesses and high streets are at the heart of our towns and are vital for local prosperity. They add so much to community life in rural and urban areas alike. I will continue to secure investment in Kingswinford and South Staffordshire for our town centres and local firms."