Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Alex Burghart Excerpts
Tuesday 17th April 2018

(6 years, 7 months ago)

Commons Chamber
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Mel Stride Portrait Mel Stride
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I thank the hon. Lady for her question. Perhaps this is something that I could take up with her offline so that I fully comprehend the exact point she is raising.

Alex Burghart Portrait Alex Burghart (Brentwood and Ongar) (Con)
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Last year, more businesses were created in the UK than in any other developed economy. Does that not show that the Government’s policy towards businesses is working, and what will the Treasury do to build on that success?

Elizabeth Truss Portrait Elizabeth Truss
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My hon. Friend is absolutely right that a record number of businesses are starting. We saw double the amount of investment in tech companies last year compared with the previous year. Britain is booming, and that is because we have taken the important measures of reforming our welfare system, making it easier to take on staff and reducing corporation tax. The Labour party wants to stop all that, raise taxes and make it harder for businesses to succeed.