Barry Sheerman
Main Page: Barry Sheerman (Labour (Co-op) - Huddersfield)Department Debates - View all Barry Sheerman's debates with the HM Treasury
(5 years, 10 months ago)
Commons ChamberWe do agree with that. All the evidence suggests that small businesses would benefit from better quality advice across a range of areas. Recently in the Budget, we have supported extra funding for networks, to bring businesses together, and we are working across the Government to think about ways in which we can improve the quality of advice and increase competition within business advisory services.
The Minister should take some advice from someone who has been in the House a long time: bragging about being an “every 75 minutes” Minister is very dangerous. I have just checked and in Huddersfield it is cloudy but not cold, but the economic temperature is freezing: start-ups are not starting, the new creative businesses are putting everything on hold, and until they have some reassurance about Brexit, they will not move.
If the hon. Gentleman wanted to give greater certainty to businesses in his constituency, he would support the deal. He did not do so in the recent vote, but I hope he will come forward and do so shortly. I would not be so negative about the business community and the state of the economy in Yorkshire. We have record levels of employment, the jobs market is the second best in the country and real wages are rising. In Yorkshire, real wages and household disposable income are rising above the national average.
The Government have made a cross-departmental assessment of the medium to long-term effects of different Brexit outcomes, which the Government have published. The Bank of England, because it is better equipped to do so, has made an assessment of the short-term impacts of leaving the EU under different scenarios, which it has published.
You’re the Chancellor of the Exchequer. You should have made it yourself.
Order. The hon. Gentleman is a cerebral denizen of the House. I know he is arguing the toss about what he thinks is the inapplicability of the personal views or the professional opinion of the Chancellor, but he should not offer a lecture from a sedentary position. We are accustomed to hearing this eloquence when he is on his feet. We do not need to hear him when he is in his seat.
The Labour party will have to get its act together, and organise a discussion between its Front Benchers and its Back Benchers.
Well, I know where the deep divisions lie. [Interruption.] We have heard many Opposition Members express concern about a lack of investment and the potential relocation of businesses, but now the hon. Member for Bootle (Peter Dowd) has popped up on the Front Bench suggesting that we hit business with an additional tax charge. Labour is the party that is proposing to increase corporation tax for businesses, including the smallest in our country. We will remain the party that is encouraging businesses, large and small, by ensuring that ours is an attractive jurisdiction for investment to take place.
The Department for Transport has complied with all the Treasury’s Green Book procedures in letting the contract in question, and the decision to go ahead will have been taken with the consent of the Department for Transport’s accounting officer.
On a point of order, Mr Speaker. I may have erroneously misled the House when I said that the Minister said that the Government were creating 75 businesses a minute. It has been pointed out to me that he actually said 75 businesses a second.
It is not for the Speaker to be the arbiter of truth. Knowing the ambitions of the hon. Member for Rhondda (Chris Bryant), it is important that he knows what he is letting himself in for. He would have important responsibilities, but the adjudication upon the matter of truth would not be one of them.
In deference to the seniority of the hon. Gentleman, I will hear his point of order if he insists.
I just wanted to thank you for correcting the record, Mr Speaker. I would be glad if the record could be put straight. As you said, the figure was 75 businesses a second. [Interruption.]
I am getting advice that is the product of the scholarly cranium of the Clerk of the House, but I think I will leave the hon. Gentleman to find his own salvation. We will leave it there.