UK: International Competitiveness Debate
Full Debate: Read Full DebateDepartment: Leader of the House
Lord Strathclyde
Main Page: Lord Strathclyde (Conservative - Excepted Hereditary)Department Debates - View all Lord Strathclyde's debates with the Leader of the House
UK: International Competitiveness
Lord Strathclyde Excerpts(14 years, 5 months ago)
Lords ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Strathclyde
My Lords, there is time for both noble Lords. Perhaps we should have the noble Lord, Lord Cotter, first, and then the noble Lord, Lord Jones.
Lord Cotter
My Lords, the Government are rightly committed to reducing bureaucracy to help competitiveness. Will the Minister look at the hurdles faced by small businesses when they try to borrow? They include new charges and fees along the line, audits, facility fees, reviews, management fees and so it goes on. These are clearly blocks in the way of the ability to borrow. Will the Minister also consider the high rate at which businesses frequently have to borrow through the banks?