Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

David Rutley Excerpts
Tuesday 19th April 2016

(8 years ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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We are providing more support to help the disabled get into employment, but let me just make this point to the hon. Gentleman, and to the House: the way this country is going to be prosperous and able to afford good public services and support for the most vulnerable is by having a strong, growing economy, and competitive business taxes help us to have that strong, growing economy.

David Rutley Portrait David Rutley (Macclesfield) (Con)
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Is my hon. Friend aware that the Federation of Small Businesses has said that the decision to further lower corporation tax to 17% is an important statement of intent and will provide a boost for the affected firms? Does he agree that that will help to further underpin the enterprising economy that we need?

David Gauke Portrait Mr Gauke
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I completely agree, and my hon. Friend is absolutely right to highlight the comments of the FSB. The reductions in corporation tax will help small businesses and large businesses, and they will help to drive a competitive and dynamic economy.