Anne McLaughlin
Main Page: Anne McLaughlin (Scottish National Party - Glasgow North East)Department Debates - View all Anne McLaughlin's debates with the Attorney General
(1 year, 9 months ago)
Commons ChamberMy right hon. Friend is absolutely right. This Government are proud to join him in supporting small businesses. I am pleased to tell him that we do have a small business test to consider whether the impacts of regulatory changes will disproportionately affect small and micro-businesses. I will make sure that we apply that test rigorously, and he will be pleased to know that many small businesses will benefit from billions of pounds in business-rate reductions this coming financial year, as well as from our annual investment allowance which, at £1 million, is the most generous tax incentive for investment for small businesses anywhere in the world.
The Government do recognise the challenges facing those on prepayment meters, and that is why the Government are taking action. The Secretary of State has set out five very specific points on prepayment meters. Energy suppliers are being spoken to to make sure that they treat customers with the respect and flexibility that they deserve. Finally, Ofgem has announced that it is launching a review into supplier practices in relation to prepayment meters. All of this comes on top of the considerable financial support that this Government have provided to help people with their energy bills, with more of that support being targeted at the most vulnerable families in our society.