Wednesday 11th June 2014

(9 years, 11 months ago)

Commons Chamber
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David Rutley Portrait David Rutley (Macclesfield) (Con)
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It is an honour to follow the hon. Member for Rochdale (Simon Danczuk). As always, he speaks with conviction and commitment, and I know he works hard on behalf of his constituents and for the north-west. It is good to speak in this debate and recognise the progress being made on the economy nationally, and indeed in Macclesfield. Many Conservative Members have recently also seen how well things are going in Newark, and it was great to recognise and honour our new colleague in the Chamber today.

In my work I am constantly inspired—as, I am sure, are many other hon. Members—by the great work that goes on in my constituency with volunteers, dedicated town and parish councillors, Cheshire East councillors, and public servants. Today, however, I wish to recognise the inspiring work of many small and medium-sized businesses and self-employed people who are making a huge difference to our local economy.

Debbie Quinn is one of the inspiring people who set up our community treacle market. She then went on to set up a small restaurant, the Salt Bar, which was featured on “The Restaurant Man” on the BBC. She has now helped revitalise the castle quarter in Macclesfield. Yes, that is for profit, but my goodness is she making a contribution to our economy as well. She came to a recent jobs fair with me and we spoke to lots of small businesses. She is already taking on more apprentices—that is the dedication that individuals can have.

I recently visited a local business, Silkmoth, which was set up by a few people and now totals 13 employees. It services 700 independent tyre fitters across the country and provides a platform for them to do e-commerce and online business. That is the sort of contribution that such businesses make, along with other fantastic businesses such as musicMagpie, which has recreated a whole segment of activity by recycling DVDs, CDs and computer games in a massive market. It now employs more than 800 people, with sales in 2012 at £63 million—an incredible achievement. That is the sort of difference such businesses can make, and increasingly they come to me and thank me for the contribution and work of this Government in setting a framework in which they can thrive and succeed.

Earlier in the week it was encouraging to go to a reception by the Federation of Small Businesses here in the House and—other Members may have noticed this—hear its national chairman speak about having had a bumper year, and the way it has been able to influence Government policy and engage with other political parties. It says that it regards the small business Bill as a landmark Bill, and it is a landmark Bill because it will build on the Government’s work in the Finance Bill and the national insurance contributions Bill, which featured in the Queen’s Speech. Together, they will make a difference to the lives of the people who will help to transform our economy even further. The entrepreneurs, employers and exporters are the people who will help to create sustainable economic growth.

It is worth touching on the contribution that is being made by the self-employed. We are helping the growing band of first-time entrepreneurs by cutting back red tape. The small business Bill will ensure that red tape is reviewed frequently and that that requirement is put into law. The national insurance contributions Bill will simplify the collection of national insurance for the self-employed, removing one of the barriers to taking on the opportunity to become self-employed. I feel absolutely passionately that we need to do more to encourage first-time employers. We have done that already with the employment allowance, reducing national insurance contributions and taking under-21s out of national insurance entirely. We need to build on those opportunities by removing more barriers. It is critical that the small business Bill strengthens existing prompt payment codes, helping small businesses to have a better deal in their interactions with bigger businesses and greater access to public procurement. It will also ensure, as other Members have mentioned, that sources of finance and advice on finance will be more available to them, too. I agree with the Federation of Small Businesses that this is a landmark Bill.

This is an important Queen’s Speech that will help many more businesses to succeed in their activities. It is further progress in our aim to have successful and sustainable economic growth under the long-term economic plan. For those reasons, I support wholeheartedly the Queen’s Speech.