Oral Answers to Questions

Lord Bellingham Excerpts

Wednesday 25th May 2016 Commons Chamber

[Alun Cairns]

I am grateful to my hon. Friend for the continued interest that he shows in Wales. I want the Welsh Assembly to be a mature legislator taking more responsibility for the money that it spends by raising money itself. On that basis, it will become truly accountable to the people of Wales, and will have to look differently at the sorts of spending priorities it has and the commitments it makes.

[Sir Henry Bellingham (North West Norfolk) (Con)]

4. What assessment he has made of the effect in Wales of the Government’s measures to support small businesses.

[The Parliamentary Under-Secretary of State for Wales (Guto Bebb)]

Small businesses are leading the economic recovery in Wales. There are now 30,000 more small and medium-sized enterprises in Wales, employing 65,000 more people than in 2010. With SMEs accounting for over 99% of all businesses in Wales, the UK Government fully recognise their important contribution to the growth of the Welsh economy.

[Sir Henry Bellingham]

The Chancellor’s recent Budget announcement that business rates for the smallest businesses will be either greatly reduced or removed has gone down very well. It will have huge advantages for small shops in particular. What steps are the Minister and the Secretary of State taking to make sure that businesses in Wales will also benefit?

[Guto Bebb]

My hon. Friend is perfectly right to say that the business rates announcement was welcomed by small businesses in England. The Wales Office is calling on the Welsh Government to replicate the steps taken in England, in order to ensure that small businesses in towns and cities across Wales benefit in the same way from the changes that are being implemented in England, which will allow them to grow and to employ more people in Wales.