(4 weeks ago)
Commons ChamberWell, I will find some hearing aids for the hon. Lady, because she refused to listen to the answer I was providing. Basically, when the Conservatives left government, they had not provided a single penny to make sure the cliff edge would not affect every single small business in this country. That is the problem they should be apologising for. [Interruption.] I cannot hear what she is chuntering, so I probably need a hearing aid, too. Of course I am happy to look into the letters she is talking about, but, really, the Conservatives need to get with the programme. Even the leader of the Conservative party now admits that Brexit was a “shock” on a level with covid and the economic crisis—but it was a self-inflicted shock.
Businesses of all sizes across my constituency are struggling due to the strain of Labour’s increases to national insurance contributions and the pressures created by the Employment Rights Bill. Many tell me they are questioning their viability or even considering relocating overseas. Will the Minister set out what steps the Department will take to support entrepreneurship and ensure that businesses choose to invest and grow here in the UK, rather than being driven overseas?
Look, we want to back British entrepreneurs and investors. That is why we addressed some of the key issues in our small business strategy, which we published earlier this year, in particular late payments. The Conservative Government refused to tackle that in any serious way across their 14 years. It is why we are also looking at access to finance. One thing we know about a business is that if it exports, it will be more resilient, more likely to grow and more successful in future years. To enable that, I asked UK Export Finance this week not just to focus on big contracts around the world, but to ensure that it provides specific support for SMEs.
(8 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
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I have already made the point that we think there is a win-win situation. A strong US movie industry will benefit a strong UK movie industry. I believe in fair trade and free trade. In fact, over recent years, it has been worrying that more and more countries have wanted to put up protectionist measures around a whole series of industries. It has tended not to happen in services, and to be more about goods, which is one of the other issues. The hon. Member is right about Scotland. I am very keen on working with all the devolved Administrations to make sure that we remain the best place in which to make films and high-end television. I do not know whether anybody has watched “Havoc”—[Interruption.] Sorry, I was not referring to the Conservative party. Returning to my point, “Havoc” was all filmed in Wales, but it looks as if it is an American dystopian city.
Warner Brothers Studios Leavesden is in my constituency and a genuinely world-class film and TV production centre. It provides thousands of jobs, generates significant wealth for the UK economy, and earns South West Hertfordshire the reputation of Hollywood in Hertfordshire. Major international blockbusters, including “Barbie”, “Mission: Impossible”, “Paddington” and the Harry Potter franchise have been filmed there, and the recently confirmed HBO Harry Potter TV series is set to be filmed there this summer.
Leaving aside the decisions that the Chancellor has made and the impact that they have had on the economy, can the Minister reassure us that he will continue to update the House and the industry more widely about how the Government will mitigate these tariffs if they come to fruition?
We are working on making sure that we have a proper trade deal that would not just mitigate the tariffs, but mean that we would not end up in the situation that the hon. Gentleman has just described. I know Leavesden well, and, for that matter, Warner was in touch very quickly—actually I think I was in touch with it very quickly on Monday morning. I am very hopeful that it will be part of our discussions when I gather the industry together tomorrow afternoon, but the hon. Gentleman makes a good point none the less.