Business: Advice Services Debate

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Lord Stoneham of Droxford

Main Page: Lord Stoneham of Droxford (Liberal Democrat - Life peer)

Business: Advice Services

Lord Stoneham of Droxford Excerpts
Tuesday 8th December 2015

(8 years, 5 months ago)

Lords Chamber
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Baroness Neville-Rolfe Portrait Baroness Neville-Rolfe
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My Lords, the Manufacturing Advisory Service is, indeed, part of the Business Growth Service. As I have explained, we are doing things differently. In future, businesses will be able to get their support from local growth hubs. We have a strong menu of support through the British Business Bank, start-up loans and in other ways, but the main way to secure success for small businesses is to have the right framework to progress profitable activities. Of course, that means growth, a lesser burden of red tape and of rates and so on.

Lord Stoneham of Droxford Portrait Lord Stoneham of Droxford (LD)
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My Lords, three years ago the noble Lord, Lord Heseltine, in his report No Stone Unturned in Pursuit of Growth, remarked on the inconsistency of support for small businesses through government policy. With this change, are the Government still on the side of inconsistency, and will they act on his other recommendation to strengthen, through extra resources, local chambers of commerce and LEPs to provide greater support and consistency to allow small businesses to grow?

Baroness Neville-Rolfe Portrait Baroness Neville-Rolfe
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I am delighted that the noble Lord mentioned LEPs because, of course, LEPs bring together chambers of commerce, business interests and local authorities. The growth hubs that I mentioned are indeed part of that LEP network, which already has 31 hubs and will have 39 by next April.