(5 days, 5 hours ago)
Commons Chamber
Mark Sewards
We will always pay attention to the arguments made in the other place, but I place more credence on the arguments made by life peers—people who have been appointed because of their expertise and not because of the family they were born into. However, I appreciate that that point has been well made, Madam Deputy Speaker, and I will move on.
Along with the fact that the Government have already compromised in good faith on the Bill with trade unions and businesses, and that those businesses and their representative organisations have welcomed what we have put in the Bill and called on us to pass it today, we were elected on a promise to get this Bill passed into law. Fire and rehire must be banned. Exploitative zero-hours contracts must be ruled out. Day one rights for parental and bereavement leave must be rolled out, and sick pay must be improved. Whichever way the House votes on these amendments today, I implore the hereditary peers in the other place to do the right thing, get out of the way, let this Bill pass and make work pay.
Bradley Thomas (Bromsgrove) (Con)
The impacts of the Bill in its current form are already being felt: 71% of businesses have raised serious concerns, with over 90% of small business owners expressing deep worries, resulting in 67% of companies preparing to halt recruitment. We already know that the Government do not understand business. That has been demonstrated clearly through the string of damaging policies trailing behind them, from the national insurance changes that are crippling the hospitality sector to the family farm tax that is undermining our national food security. Aspects of this Bill are no exception, the prime example being the complete removal of the employment tribunal cap on unfair dismissal compensatory awards.
As of June 2025, 515,000 open claims were in the system, and the numbers continue to rise. The employment tribunal system is inundated. It is overwhelmed and debilitated by cases, leaving thousands facing intolerable delays. Rather than addressing the issue through action that would significantly help working people—
Michael Wheeler (Worsley and Eccles) (Lab)
I wonder whether the hon. Member accepts that, as a number of colleagues have drawn to the House’s attention, the current system has a perverse incentive that pushes people towards a more complicated tribunal system that seeks to identify discrimination, rather than a simpler system of unfair dismissal, because of the cap. This measure is more likely to keep claims within the simpler, more streamlined and quicker system of unfair dismissal, thereby helping with the very problem that we all accept is real.
Bradley Thomas
I was just about to get to the point that I wanted to make: removal of the cap will make matters significantly worse. To put it plainly, it will open the floodgates for senior executives to pursue multimillion-pound claims that will further congest the courts. For many companies, the dismissal process for senior executives is fundamentally different from that used for other employees, in many cases as a result of strategic complexities relating to board involvement. Unlike the structured procedures applied to the wider workforce, senior leaders are seldom afforded opportunities such as performance improvement plans before removal. The Bill creates a significant liability and establishes a direct financial incentive for senior executives to pursue employment claims.
Paul Waugh
Is the hon. Gentleman aware that, at the moment, compensation for racial, sexual and disability discrimination, and for whistleblowers, is uncapped? What is the difference between that and being unfairly dismissed?
Bradley Thomas
The hon. Gentleman misses the point that I am making. Currently, there is no financial incentive for very senior executives who cannot exercise any leverage over things such as pay and equity, and the Bill risks clogging up the system. The CEOs of large UK corporations earn a median salary of over £4 million, compared with the £118,000 cap on unfair dismissal claims, so high earners have little incentive to lodge claims. Remove the cap and that incentive becomes glaringly obvious.
Will the hon. Gentleman give way?
Bradley Thomas
I will make progress.
The idea that removing the cap will lead to anything other than a surge in cases is pure fantasy. This lack of understanding shows why the Government must listen to those who know how business works and recognise the devastating consequences that the Bill will have for companies and, crucially, for workers, rather than branding themselves champions of working people while advancing policies that benefit only high-fliers.
Labour colleagues shake their heads as my hon. Friend lays out the blindingly obvious. That goes to show why introducing a measure at the last minute during ping-pong is inappropriate and precisely why the House of Lords is right to say that we must consider this fully. It is quite obvious that Labour Members do not want to understand it; they obviously do not understand the implications.
Bradley Thomas
I thank my right hon. Friend, who makes his point eloquently, as usual.
The Government must abandon the measure. If they are really on the side of workers, the best thing they can do is abandon this measure—and abandon the Bill in its entirety.
Laurence Turner
I am grateful to have been called to speak in this debate. I draw the House’s attention to my membership of the GMB and my chairship of its parliamentary group—an unremunerated role.
The Bill has been the subject of 14 months of debate and scrutiny, and it should have received Royal Assent months ago. Let us not beat around the bush about why we are here tonight: the Bill has been deliberately delayed by some Members of the other place who disagree with the principle of what it seeks to achieve and with the electoral mandate behind it. The amendment that came from the Lords last week represents the last gasp of that approach, testing the limits of the democratic decision-making process and the constitutional relationship that binds these two Houses. This is no longer solely about workers’ rights; it has become a challenge by unelected peers to the primacy of the Commons and the greater legitimacy that our constituents lend us temporarily.
(1 week, 3 days ago)
Commons Chamber
Bradley Thomas (Bromsgrove) (Con)
Is my hon. Friend as concerned as I am that a typical pub in my constituency is paying around £2,500 per month more than it was 12 months ago? Let me briefly put that into context. Assuming that couples go in and spend £100, pubs have to clear 25 additional sittings, just to clear their costs. How are they going to survive?
My hon. Friend and constituency neighbour is absolutely right. I think the increase in costs for the average pub over the next few years—I have the figures and will come to them in a minute—is equivalent to needing to serve an extra 10,000 pints. How many pubs will be able to do that?
Yes. I had the pleasure of visiting a café in my hon. Friend’s constituency, and I sincerely hope she is not referring to the one that we visited. This is a common theme across the country, and we hear it on way too many occasions. What is interesting is that the owners of these often very small business feel guilty that they cannot employ people in the way that they would want to—they cannot provide Christmas jobs and so on. They should not feel guilty about that; the Government should feel guilty about that.
Bradley Thomas
Does my hon. Friend agree that it is not just the tax rises and the additional cost burden that is causing a lack of confidence? That lack of confidence is in itself probably the most corrosive aspect of all, because once that is entrenched it is very hard to unpick, particularly when businesses repeatedly face a Government who are doing the exact opposite of what they pledged in their manifesto.
Yes. My hon. Friend knows that confidence is a major driver of economic activity. When the public, consumers and businesses do not have confidence, things fall apart. Without a significant change of direction, I am afraid I cannot see confidence returning. As I said, I do not get any joy in saying that. I want the Government to get their act together. I want them to be economically competent for the sake of our constituents.
Euan Stainbank
Yes, absolutely. I also find it disgraceful that the Leader of the Opposition suggested this week that we should freeze the minimum wage. That would mean that, in later years, the workers who are going to keep the lights on this Christmas in the gift shops, the pubs and the restaurants would be entitled to less as inflation went up—[Interruption.] Well, they are part of the economy. If we did not have the workforce keeping the lights on in the first place, there would be no restaurants, no pubs and, sadly, no Christmas custom. That is the experience of far too many people in hospitality.
This is the fourth Christmas in my working life that I am going to be able to spend with my family instead of working in the hospitality industry. If any of those on the Opposition Benches can share their experiences, I would be very interested to hear them, considering how much experience in business they utilised earlier in the debate. Throughout the progress of my career in this place and the votes that we make, I am not going to forget the workers I pulled pints beside and served tables with. I have heard too many stories about kids being bullied, belittled and booted out of the workplace by bad bosses during the first two years of their working lives. I do worry—and I have shared my concern with Ministers—that, especially in the seasonal work sector, this will now simply happen before the six-month mark. We should return to and address that later in the Parliament.
I expect nothing from Opposition Members but an apology to the 1.5 million people who were put into in-work poverty during the shambolic 14-year tenure of the Conservatives. They built a low-wage, insecure, low-productivity economy, all while practising austerity, and now they have come back to this House with essentially the same ideas but with 200 less MPs.
Bradley Thomas
What would the hon. Gentleman say to the 89,000 people who have lost their hospitality jobs over the last 12 months?
Euan Stainbank
An extensive amount of hospitality jobs were lost over the previous five years as well. I speak to small businesses in my constituency every week, and I do not deny that they have been hard pressed for a number of years. I know, because I was there—I was working in the industry.
Euan Stainbank
It is important that we back our hospitality sector, and I said earlier that I think there should be more to come. Small businesses in the hospitality sector have talked to me about their energy prices.
Euan Stainbank
I will give way, given the hon. Gentleman’s insistence. Maybe he will mention some experience of hospitality workers as well.
Bradley Thomas
I thank the hon. Member for giving way to me a second time. Some 89,000 hospitality jobs have been lost during the past 12 months. Youth unemployment is up, with 12% of 16 to 24-year-olds currently unemployed. There are an estimated 40% fewer seasonal jobs this year—the biggest decline in 15 years. Energy costs are up. Business rates are up. Confidence is down. Regulation is up. Does he acknowledge that it is not a coincidence that all that is happening at the same time, and that it must, at least in part, be related to the really poor choices made by this Government?
Euan Stainbank
Although I do not accept the premise, I think it is important to recognise that hospitality has struggled over a number of years. I am not in any way denying that. However, I do not know why the Employment Rights Bill is mentioned in the Opposition Day motion, given that its provisions have not yet come into place.
It is important that we listen to hospitality and give feedback, but it is also important not to discourage young people from seeking job opportunities in the first place. That has happened for far too long—for the past 14 years under the hon. Gentleman’s Government.
(1 month ago)
Commons ChamberOne reason why we are so keen for the supply chain for the upgrade of our grid to be in the UK is our wish to ensure that there are opportunities for factories in constituencies such as my hon. Friend’s, and I recently met her, along with my right hon. Friend the Secretary of State for Scotland and XLCC, to discuss those opportunities. XLCC is currently changing its business model but remains committed to being part of the supply chain for cables in the future, and we will continue to do everything we can to support it.
Bradley Thomas (Bromsgrove) (Con)
The oil refining industry employs tens of thousands of people and is crucial to our energy security. It is also a key part of the ministerial brief. The sector is under immense pressure, so can the Minister tell the House when he will meet industry representatives directly?
I have met industry representatives, and when I did so they told me that it was the first time they had met anyone from the Government in 13 years. Many of the issues that are now emerging have been long in the making because of the last Government’s failure to recognise their importance. However, the hon. Gentleman is right to say that refineries are an important part of our energy mix and our economy. We will do all that we can to support them, and I continue to meet their representatives and those of Fuels Industry UK regularly.
(3 months, 2 weeks ago)
Commons ChamberIndustrial energy prices doubled under the previous Government. The right hon. Gentleman knows that the impact of the Ukraine war on our energy prices highlighted how we are reliant on the global oil and gas market. That is why we are pushing for clean energy by 2030, to take us away from that reliance and to stop such a crisis happening again.
I should point out that the crisis at Liberty is nothing to do with energy prices—it operates electric arc furnaces, so it is not anything do with carbon pricing or anything else the right hon. Gentleman might be referring to. He is right that energy prices are too high, which is why we are intervening. We will see a significant reduction in electricity costs when we extend the industry super-charger from 60% to 90%. As I outlined earlier, in a scenario where Speciality Steel is producing what it was producing a couple of years ago, that will give it upwards of £1.5 million off its energy costs. That is a lot more than the previous Government ever did.
Bradley Thomas (Bromsgrove) (Con)
UK manufacturing has been undervalued for far too long. One of the best ways to support industry is to ensure that its cost base is as low as possible. Will the Minister commit to the House that, in 12 months’ time, UK manufacturers will face lower energy costs than today? Will she also rule out further national insurance increases?
UK manufacturing suffered under the previous Government, who had no strategy, did not really believe in it and allowed thousands of jobs to be lost across a range of different industries. This Government are taking a fundamentally different approach: we have an industrial strategy under which we intervene directly to grow the industries of the future, including foundational industries such as steel, which are so important to us for many different reasons. We are also introducing energy price reductions that, for companies such as Liberty that use high levels of energy, will mean significant reductions in their costs by next year. We are introducing an additional energy reduction for a wider group of up to 7,000 companies, which by 2027 will also receive a significant reduction. Again, that is something that the previous Government never did.
(5 months ago)
Commons Chamber
Mr Alexander
I thank my hon. Friend for his question. I express my regret that that business, like so many across the country, finds itself buried in red tape as a consequence of the implementation of Brexit by the Conservative party. There are technical aspects of our agreement with the European Union that need to be worked through, but businesses across the country, such as the butchers and deli he described, will be willing us on in that endeavour.
Bradley Thomas (Bromsgrove) (Con)
When is a trade deal not a trade deal? It has been nine weeks since the Prime Minister announced a deal to protect steel from US tariffs, and 10 weeks since the Secretary of State said that the India deal was “signed, sealed and delivered.” Will the Secretary of State publish the details of these important deals without delay before recess, or will he apologise for misleading the House?
Order. We do not accuse other Members of misleading the House. A little word before that—“inadvertently”—would support that question. No doubt the hon. Member will wish to withdraw that.
Mr Alexander
Thank you, Madam Deputy Speaker. I am struggling to keep up with the Conservative party’s position as to whether deals have been done. As I recollect, 34,000 workers in Jaguar Land Rover know exactly the difference that a Labour Government are making, given the challenge they would have faced with more than 25% tariffs had it not been for the work of the Prime Minister and the Business Secretary. But that is only one sector of the economy. In relation to steel and aluminium, of which the hon. Member spoke, we are continuing to work with the United States to ensure that the agreement to remove 25% tariffs on UK steel and aluminium can be implemented as soon as possible, but we are unique in the level of tariffs set compared with every other country in the world.
(7 months, 3 weeks ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
Bradley Thomas (Bromsgrove) (Con)
It is a pleasure to serve under your chairmanship, Ms McVey. I thank my hon. Friend the Member for Hornchurch and Upminster (Julia Lopez) for securing this important debate, about which I have had much communication from constituents, particularly those who operate their own health and beauty businesses in my constituency. Those businesses, of which we are all aware, are a cornerstone of our high street and community. They provide valuable employment; I was particularly struck by my hon. Friend’s comments about the volume of employment that they provide, particularly to female members of society. But the crisis that we face is urgent, the stakes are high and the voices of salon owners, staff and apprentices must be heard.
I would like to highlight an example from my constituency. A constituent who operates a salon in Bromsgrove got in touch. After 33 years of contributing to the local economy, creating jobs and nurturing talent, they face the heart-wrenching possibility of having to close their doors within the next 12 to 18 months. Severe financial pressures, exacerbated by Government policies, have pushed them to the brink, and without support, staff—including a promising new apprentice—may lose their livelihoods. One of the major challenges is the disparity caused by disguised employment practices. VAT-registered salons, such as theirs, are struggling to compete with establishments exploiting loopholes through which workers are falsely registering as self-employed to dodge VAT. That creates an unfair playing field, forcing ethical businesses to consider unsustainable practices simply to stay afloat.
However, the consequences of inaction extend far beyond individual salons. Industry forecasts paint a bleak picture: a 93% drop in employment by 2030, no new apprentices by 2027 and the loss of generations of talent. Rising costs—including, in this case, a wage bill of £52,000 before factoring in rent, national insurance and pensions—make it impossible for compliant salons to thrive under the current VAT threshold of £90,000. That is why support from the Government is not optional; it is essential. This salon owner, alongside many others, has taken proactive steps to bring attention to this crisis. They are a member of the British Hair Consortium and they have contributed to comprehensive dialogue with Government urging action—action that cannot wait.
I am also struck by the comment made by the hon. Member for Ribble Valley (Maya Ellis) about non-surgical aesthetic treatment; I have raised that before in the House of Commons myself. My constituent, Nicky Robinson, is quite happy to go on the public record as someone who often performs corrective action for surgery that has gone wrong. That is another dimension to an industry that presents an emerging healthcare crisis that I, too, urge the Government to address. I would also like the Minister to confirm when the Government will introduce a mandatory licensing regime that will protect not just consumers but those practising in this industry.
The beauty sector is not merely about aesthetics: it is about empowering individuals, building confidence and fostering community connections that we all know exist across our constituencies. It is time for the Government to recognise the importance of the industry and take the necessary steps to ensure its survival.
(9 months, 1 week ago)
Commons Chamber
Bradley Thomas (Bromsgrove) (Con)
Working across Government, we are determined to revitalise our high streets and support the businesses on them. We are working with industry to create a fairer business rates system that protects the high street and supports investment. We have introduced the Crime and Policing Bill, which will give better protection for businesses and retail workers against assault and theft. Our forthcoming small business strategy will set out our plan for further support for small businesses on the high street and beyond.
I am grateful for my hon. Friend for raising the case of the Patels. I am keen that any sub-postmaster who was a victim of the Horizon scandal gets access to the compensation they rightly deserve as quickly as possible. She will understand that I cannot comment on individual cases, but if she wants to write to me about the specific case, I would be happy to look into it further and to discuss it with her.
Bradley Thomas
There are over 70 pubs across Bromsgrove and the villages. One of them—the Queens Head—faces a staggering £42,000 annual increase in the cost of business rates and national insurance contributions as a result of choices made by this Government. That is on top of increasing concerns around a banter ban. Will the Minister confirm that nobody will be ejected from a pub or hospitality venue for sharing a joke, and will he outline what steps he is taking to support pubs, rather than putting them out of business?
I note in passing that 10,000 pubs closed their doors under the Conservative Government, so I do not think the pub industry is looking to the hon. Gentleman’s party for guidance going forward. On the specifics he asked about, he will be aware of our plan for business rates reform, which will help and make a significant difference to many pubs. On the so-called “banter ban”, I gently suggest that he should not believe everything that he reads in the newspapers.
(10 months, 2 weeks ago)
Commons ChamberI thank my hon. Friend for standing up for her community and protecting her industry. I would be happy to have a conversation with her about the changes she thinks we need to make.
Steel output in the UK fell by 49% in 2021, by 30% in 2022 and by 11% in 2023—what an awful thing to have happened to our industry. We need to turn that around. We do not underestimate how hard that will be, but we are putting in place the money, the policies and the Government dedication to ensure that we support a thriving steel industry.
Bradley Thomas (Bromsgrove) (Con)
Sarah Bool (South Northamptonshire) (Con)
We are continuing to work with colleagues across Government to develop a programme that will revitalise the nation’s high streets and support businesses. We will publish a small business strategy later this year, and high streets will be a key pillar of that. We have already committed to continuing funding for business growth programmes such as the growth hub network and announced plans for a new business growth service.
Bradley Thomas
Yesterday, Bromsgrove received the devastating news that it is about to lose both its Lloyds and Halifax bank branches in the town centre. Those banks are a lifeline to many small businesses, particularly those run by independent small entrepreneurs, as well as many residents who use their banking facilities on probably a weekly or daily basis. Does the Minister agree that banking hubs can be part of an ongoing solution to retain banking services in our towns? Will he support my campaign for a banking hub in Bromsgrove? Will he meet me to make that a reality?
(1 year, 1 month ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
Bradley Thomas (Bromsgrove) (Con)
It is a pleasure to serve under your chairmanship, Ms Vaz. I congratulate my hon. Friend the Member for Mid Leicestershire (Peter Bedford) on securing this important debate.
This topic has already been touched on, but I want to highlight the fact that 81% of British adults agree that pubs are important in bringing people together, while 73% feel that pubs help to combat loneliness in their area and 73% feel that the impact of pubs on their community life is positive. For those reasons alone, pubs should be supported in the current challenging environment. Some more statistics jump out: pubs in the UK contribute more than £34 billion in gross value to our economy and the sector supports more than a million jobs, an increase of more than 100,000 since before the pandemic. In my constituency of Bromsgrove, there are 73 pubs and two breweries, which together support 2,800 jobs, generate £30 million in tax revenue and contribute £95 million to the local economy. In short, those pubs are vital for keeping money within the Bromsgrove economy.
I would like to raise some points about Labour’s proposals, including the lack of clarity about future support, the employment law reform, and the outdoor smoking ban. The Bell and Cross pub in Clent wrote to me to highlight the difficulties that it continues to face in the current operating environment, under the most extreme trading conditions that it has ever seen. Like so many pubs, it wants the Government to commit to extending the business rates relief until the outdated business rates system is fully reformed and VAT on all sales in pubs is reduced. That would allow pubs to thrive as essential and unique venues in towns, high streets and villages across the UK. The Bell and Cross is also concerned about the obligations that the Employment Rights Bill will place upon it, and how the Bill could deter employment into the sector.
I want to put on record my concern about the effects of a potential ban on smoking in outdoor spaces, including pub gardens. That will be contrary to the spirit of liberty and will displace smoking to other locations.
(1 year, 2 months ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
Bradley Thomas (Bromsgrove) (Con)
It is a pleasure to serve under your chairmanship, Mrs Harris, and I congratulate my hon. Friend the Member for East Grinstead and Uckfield (Mims Davies) on securing this important debate. She quite rightly pointed out that a strong private sector that is incentivised to invest is the foundation and cornerstone of the living standards and prosperity that we want all of our constituents to be able to enjoy.
Over the last four years, the UK has dealt with a financial crisis, a pandemic, and an energy shock caused by the war in Ukraine. Despite those changes, since 2010 growth has been higher in the UK than in every other large European economy, with unemployment halved and absolute poverty down. When the Conservatives left government, the UK’s was one of the fastest-growing economies in the G7. However, it is clear that the new Government’s policies and politics have hurt the confidence of businesses across the board; I hear that regularly across my Bromsgrove constituency.
I am amazed to hear the hon. Gentleman’s tone the day after the business investment summit. Anyone would think that this debate is happening in a different world or galaxy. What about the billions of pounds that were pledged yesterday? That is action and commitment from businesses that have confidence in this Labour Government, with their mandate and their deep commitment to a new partnership with business. Did he not read the newspaper this morning? Those record-breaking figures spell the truth about Labour’s record-breaking commitment to business investment.
Bradley Thomas
In response, did the hon. Member not recognise the conditions that the Government inherited on their election in July? It has already been pointed out in this Chamber this afternoon that the Government have been rehashing billions of pounds’ worth of investment that the previous Government secured and are now passing it off as their own.
Returning to the points that I wish to make, the new Government have claimed that their election has positively impacted business confidence, but the Institute of Directors’ economic confidence index, which measures business leader optimism about the prospects for the UK economy, continued to fall in September to minus 38, having been minus 12 in August. According to the Office for National Statistics, 55% of respondents to a voluntary business survey about challenges facing the economy felt that their businesses’ performance would stay the same or decrease over the next year. The CBI’s industrial trends survey for September shows that more manufacturers think that output will fall over the next three months than think it will rise. Potentially most critically of all, GfK’s consumer confidence index fell to minus 20 in September, suggesting that consumers lack confidence in the vitality of our economy. In large part, that is due to concerns about tax rises—concerns shared by many businesses.
Instead of making the UK a hostile destination for investment, the Government should work to ensure that it is the most attractive destination possible for investment. To become an attractive destination for inward investment, we need to look urgently at the factors that will determine investment decisions. The tax burden, which rose following the global pandemic and the unprecedented level of support provided by the previous Government, is damaging business confidence through fear that there will be higher taxes after the Budget at the end of this month. We need to focus on incentives for businesses investing in large-scale capital projects, access to skills, a long-term industrial plan for the UK economy that will once again reward investment, and a concerted effort on skills development that will lead to a long-term uplift in industrial resilience. That is critical in a world in which our adversaries seek to gain advantage over us and blunt our economic edge.
We have a great opportunity to reduce our dependence on foreign imports and focus on the long term. That is particularly crucial to my constituency. I would like the Government to focus on small businesses and foster a greater sense of individual entrepreneurship at a grassroots level, which would be a massive benefit to constituencies across the country, town centres such as Bromsgrove’s, and rural businesses.
Bradley Thomas
I will not, as I am about to wrap up.
My key asks are for the Government to be less ideological in their pursuit of investment in the UK, and to focus on the long term and on conditions that will ultimately drive businesses’ inward investment decisions. They should focus not just on the large corporates, although they are fundamental, but on promoting grass- roots entrepreneurship and cracking down on regulatory bureaucracy, which gets in the way of business investment decisions.