Oral Answers to Questions Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Geraint Davies
Main Page: Geraint Davies (Independent - Swansea West)Department Debates - View all Geraint Davies's debates with the Department for Business, Energy and Industrial Strategy
(7 years, 4 months ago)
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Jesse Norman
My hon. Friend is right to recognise the central importance of small and medium-sized businesses to our economy. The Government have been supporting that vital sector of our economy through: the extension of small business rate relief; our support for the British Business Bank, which has dealt with more than 51,000 small businesses; the new productivity council, which was announced in the autumn statement; and the new patient capital review.
Geraint Davies (Swansea West) (Lab/Co-op)
Given the number of businesses, will the Minister ensure that there is a level playing field so that the level of subsidy for tariffs applied to the motor industry is applied equally across all exporters? Will he publish the total amount of subsidy before 31 March?
Jesse Norman
There has been no special deal for Nissan or any other part of the motor industry. Whatever arrangements are made to support different sectors of the UK economy are fully transparent. The general picture is that we are proceeding vigorously and with some care towards a rather attractive destination.