Oral Answers to Questions Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Drew Hendry
Main Page: Drew Hendry (Scottish National Party - Inverness, Nairn, Badenoch and Strathspey)Department Debates - View all Drew Hendry's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 7 months ago)
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Paul Scully
The Prime Minister is leading on this situation from the front. He is getting money out the door. As a former small-business owner, I would welcome any visit from the Prime Minister, but what I would welcome more is the money that we are getting out the door on day one to help these businesses.
Drew Hendry (Inverness, Nairn, Badenoch and Strathspey) (SNP)
I too welcome the Secretary of State and his new ministerial team to their places.
The UK’s proposals on EU trade negotiations could reduce Scottish GDP by 6.1%, or £1,600 per person. Small businesses, including many in the food sector, simply cannot afford to cope with the prospect of such Mad Max economics. They need help now, so will the Minister join me in calling for a cut to employers’ national insurance, to help them and to help to protect jobs?
Paul Scully
We will see what happens in the Budget. Employment allowance has benefited businesses—including my former business—up and down the country. Businesses want meaningful things in the Budget, rather than platitudes from the Opposition.
Drew Hendry
That response comes as absolutely no surprise, given the email from a key adviser to the Chancellor leaked at the weekend that said that the food sector “isn’t critically important”. We all remember the Prime Minister’s shocking attitude and use of the F-word in relation to business concerns when he said “F*** business”. It now seems that the Government are doubling down on that and it is “F*** farming” and “F*** fishing.” With the Minister refusing to support businesses in their hour of need, it is clear to all that this Government deserve an F for their economic incompetence.
Paul Scully
To date, the UK Government have committed up to £3.08 billion for city region and growth deals throughout Scotland, Wales and Northern Ireland. Since 2012, the British Business Bank has issued more than 4,200 start-up loans in Scotland, worth more than £32 million in total. That is actual action for businesses.