Select committee: Business, Innovation, Science and Trade Committee

Conclusion 54

15th Report – Small business strategy Published 11 Feb 2026 Addressed to Department for Business and Trade
Conclusion (the committee's words)
Community owned businesses have significant potential to support the renewal of high streets and safeguard valued local assets. The introduction of a community right to buy represents an important step 77 towards empowering local groups to take ownership of assets at risk. However, the effectiveness of this new right will depend on whether communities have the practical means to act when opportunities arise. (Conclusion, Paragraph 189)

From: Business, Innovation, Science and Trade Committee, 15th Report – Small business strategy (HC 1057), 11 February 2026

Government response

No government response linked yet: deadline 11 April 2026, 204 days ago.