Should the Government have an obligation to support the High Street and if so, how?

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The MIA organised ‘The Future of Our Industry’ event is is now only 4 weeks away. In the lead up, we are examining some of the headline topics in more detail to give you an idea of the direction of the day.

The afternoon will be made up of four topics that each address challenges our industry will face both now and in the future. A cross-section of relevant voices from around the industry will discuss each topic in turn before opening up to the floor for further question and comment. Hopefully we can widen the debate and together learn more about the issues we collectively face.

Here is an insight into our second panel of the day: Should the Government have an obligation to support the High Street and if so, how?

In a market-driven economy, surely this is a rhetorical question, right?!

If consumer demand for the high street declines, then accompanied by the noisy clank of the economic levers turning, the supply of storefronts will reduce as profit is sucked out of the model. Government in the UK doesn’t (as a rule) interfere with the mechanics of the market, and even if it wanted to there are questions over what it can do from a legal standpoint. The problem with this argument is that it doesn’t take into account the nuance in the question – and we all now know the pitfalls of trying to resolve complicated issues with binary questions – namely should we have an obligation to the High Street, not necessarily High Street Retail.

So should the Government have a High Street Policy? One that that helps communities maintain a broad spectrum of experiences and social activity in communal spaces, because of the positive influence it can have on the community. This could involve initiatives on town planning, car-parking, transport and equitable taxation on business premises, to name just a few. A re-imagined High Street based around 21st Century needs may well be the answer, and this would certainly require co-ordinated government intervention, but the questions remains ‘if we build it, will they come?’.

To find out the views of a cross-section of industry experts, and to have your say, come along to our event:

“The Future of our Industry” will be held on Thursday 16th May 2019 at the Victory Services Club, Seymour St, London, W2 2HF – a 2 minute walk from Marble Arch Tube Station.

We anticipate that this event will be highly attended, so please book now to avoid missing out on a vital event designed to support your business, and inspire you with new ideas to help you to tackle this tough climate.

Tickets including lunch buffet and evening meal are just £49 + VAT for members, and £99 + VAT for non-members. Email clare@mia.org.uk to reserve your place today.

Plus, we have secured a number of hotel rooms at the venue at excellent prices.
IMPORTANT: let us know by Wednesday 24th of April 2019 at 10am if you would like one: £123.75 for single occupancy, £168.50 for double occupancy. Contact clare@mia.org.uk
before the deadline 

11:30 – Arrival and buffet lunch

13:00 – Welcome and Opening Remarks – Anthony Short

13:30 – Panel 1: ‘If 80% of the population claim they aspire to play a musical instrument, why isn’t our industry more diverse?’

14:30 – Panel 2: ‘How will a bricks and mortar store be relevant to the customer purchase journey of the future?’

15:30 – Break

16:00 – Panel 3: ‘Should the Government have an obligation to support the High Street and if so how?’

17:00 – Panel 4: ‘How can you run a profitable music business in the future?’

18:00 – Summary – Anthony Short

18:15 – Bar opens and evening meal

22:30 – Close

We have a number of people who have already kindly offered to be part of the panels, please let us know if you would like to take part?

Contact paulmc@mia.org.uk