Small Businesses

Debate between Baroness Warsi and Lord Bilimoria

Wednesday 9th February 2011 Lords Chamber

[Baroness Warsi]

My Lords, the big society is defined by many in this House as being what most of them have done for most of their lives. It is a volunteering, social action, philanthropic approach to life, but it is also about the opening up of public services to local control and devolution of power. The regional growth fund is a discretionary fund to stimulate economic growth and employment and will operate over a period of three years. In particular, it will help those areas and communities that currently depend on the public sector to make the transition to sustainable, private sector-led growth and prosperity. Small and medium-sized enterprises have a vital role to play in that.

[Lord Bilimoria]

My Lords—

[Lord Laming]

My Lords, does the Minister accept that, if the big society means nothing more than what many of us have been doing for most of our lives, that would be a disappointment? I say this on a purely non-political basis. We now have an opportunity to regenerate local communities and to help them to become much more involved in their own quality of life. However, we can do that only if we get out into local communities and stimulate people to become involved.

--- Later in debate ---

[Baroness Warsi]

My Lords, we are committed to reducing red tape in all sectors. Noble Lords will agree, and the Benches opposite will recognise, that business has been stifled over the past decade by excessive red tape.

[Lord Bilimoria]

My Lords—