Small Businesses: Finance

Debate between Lord Newby and Lord Brooke of Sutton Mandeville

Wednesday 25th February 2015 Lords Chamber

[Lord Newby]

The noble Lord will be amazed to discover that I do not agree with him at all. He has failed to point out that since this Government came into office private sector employment is up by well over 2 million and the majority of that is likely to be in small and medium-sized businesses.

[Lord Brooke of Sutton Mandeville (Con)]

May I commend to my noble friend my experience in running a small business where I found that our bills got paid significantly faster if we asked our auditors to call up the company that owed us money?

[Lord Newby]

I am extremely grateful to my noble friend for his suggestion.