Oral Answers to Questions

Debate between John Glen and Gareth Thomas
Thursday 17th July 2025

(2 weeks, 3 days ago)

Commons Chamber
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John Glen Portrait John Glen (Salisbury) (Con)
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T3. On Monday, Tina McKenzie, the policy chair of the Federation of Small Businesses, said: “For the first time in the history of the Small Business Index more small businesses are predicting they will shrink than expand, meaning that as a country we are potentially facing a very dangerous situation.” I have listened carefully to what the Economic Secretary to the Treasury has said about the concierge service, which I welcome, and have seen the Leeds reforms this week, much of which I welcome. However, will the Minister respond to that stark warning from a very credible source of information?

Gareth Thomas Portrait Gareth Thomas
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I have a high regard for Tina McKenzie and the Federation of Small Businesses more generally, and we have been working extremely closely with them on thinking through what measures should be in the small business strategy to help businesses start up, scale up and thrive more generally. I gently point the right hon. Gentleman to the slightly more positive picture painted by the fact that the bosses of small and medium-sized enterprises have more confidence. We will continue to talk to the Federation of Small Businesses, and will do so in a lot more detail.