Deregulation Bill Debate

Full Debate: Read Full Debate
Department: Attorney General

Deregulation Bill

Karl Turner Excerpts
Wednesday 14th May 2014

(9 years, 12 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
There is a lot of talk about perception, but we are going beyond that here; there is a fear involved in setting up one’s own business. I have been involved in setting up two businesses, one of which was very successful and has now floated on the alternative investment market, one of which was less successful and passed into abeyance, winding up without leaving any debts. In both cases things such as health and safety were rightly a concern—
Karl Turner Portrait Karl Turner
- Hansard - -

indicated dissent.

James Duddridge Portrait James Duddridge
- Hansard - - - Excerpts

The hon. Gentleman is shaking his head but I am saying that, although health and safety was rightly a concern, it was a barrier to setting up a legal entity early on in both cases. He asks, from a sedentary position, what the reason was for that. When someone is setting up a new business—this is certainly what I found—they ask what things they have to consider and then prioritise them. So there is no point in someone even thinking of setting up a business unless they have customers and a product, and unless they can do it in a profitable way over time and have the financing in place. Those things are in the person’s mind, but then there is another level of issues for them to consider: where do they go? How do they employ people? What are the health and safety considerations?

Early on, when someone is setting up the company, they should be able to set aside the health and safety things and say, “When I am forming that company, as an individual with only myself to be concerned with, health and safety, at that juncture, is not something that I need to concern myself with as a barrier to entry into that workplace.” Having established the business, the person can then go on to look at all those details before they start engaging employees or start risking health and safety in any way. My fear is that, in itself, it is a barrier to starting that business and, thus, to employing people.