(1 day, 12 hours ago)
Commons Chamber
Miatta Fahnbulleh
I hope that when the shadow Minister stands up, he will respond to that question and say whether the Conservative party will return the money.
In the end, we need investment in our communities. That is what we are providing, whether it is by reducing business rates or through the work of my Department for Business and Trade colleagues to deliver the backing your business plan, a long-term strategy for supporting small and medium-sized enterprises and the everyday economy. As part of that, family-run businesses on the high street will benefit from new tools to unlock access to finance, action to crack down on late payments—we know that is a massive issue for SMEs—and easier access to the business growth service.
Miatta Fahnbulleh
I will make progress.
Hon. Members have mentioned retail crime. We have scrapped effective immunity for low-value shoplifting, and we are taking action to protect retail workers from assault. Alongside the Employment Rights Bill, which we are proud of, that will make retail a more desirable career choice, improve retention and make recruitment clearer. We are very clear that employment rights are good for workers, but also for businesses and for the economy.
(8 months, 1 week ago)
Commons ChamberI call a member of the Energy Security and Net Zero Committee, Bradley Thomas.
Bradley Thomas (Bromsgrove) (Con)
Rising energy costs affect not just households but industry. Sir Jim Ratcliffe has said that deindustrialising Britain is a false economy because it “shifts production and emissions elsewhere”. Can the Minister tell the House what is more important: chasing an arbitrary target or protecting industry and jobs?
Miatta Fahnbulleh
Businesses are under pressure from high energy prices. We know that. Again, I remind Conservative party Members that given their legacy, they should perhaps be a bit more humble about that. We are working with industry and it recognises that the way to drive down energy bills is through clean power. The Confederation of British Industry came out this week saying that our energy revolution is good for business. It is the route to lower energy costs for business and to creating jobs across the country. We have a plan, not just for energy bills but for jobs and the economy, which is rooted in clean energy, and that is much better than the legacy that we have inherited.