Oral Answers to Questions Debate
Full Debate: Read Full DebateJames Wild
Main Page: James Wild (Conservative - North West Norfolk)Department Debates - View all James Wild's debates with the Department for Business and Trade
(2 days, 5 hours ago)
Commons ChamberWe are consciously pursuing a trade agenda based on data, not on post-imperial delusion. Regrettably, the data is pretty devastating on the damage done by how Brexit was implemented by our predecessors. If one wants to look at academic research, the latest publications from Aston University indicate that a number of small and medium-sized businesses, about which we have heard a lot today from Opposition Members, were buried under red tape. It is not only those businesses that have been buried under red tape; we have seen an increase in the number of civil servants across the United Kingdom by more than 100,000 in recent years. That is partly why the Chancellor of the Duchy of Lancaster in the Cabinet Office is leading our work on rethinking the size and shape of the British state. The hon. Gentleman is absolutely right in recognising that we have a responsibility to try and clean up the mess. That is what we are doing.
We are reforming business rates, rolling out banking hubs, stamping out late payments, empowering communities to bring vacant properties on the high street back into use and beginning to tackle the antisocial behaviour and crime that has bedevilled the high street over the last decade. Last month, we also announced a licensing taskforce that will recommend ways to improve our licensing regime to foster vibrant hospitality, the night-time economy and cultural industries on the high street.
A British Retail Consortium survey this week of major retailers employing half a million people found that 70% say that the £5 billion a year Employment Rights Bill will have a negative impact on their business and half said that it would lead to job cuts. How does the Minister expect our high streets to cope with that extra cost, coming on top of higher business rates and higher national insurance? When will the Government actually listen to businesses and to the people creating jobs in this country?
Will the Secretary of State be straightforward with the House today about how much taxpayers’ money has been spent so far on British Steel?
The amount of working capital provided to British Steel to date stands at £94 million, which is considerably less than if we had given a large amount of money to Jingye, or if we had had to deal with the complete loss of the entire British Steel site and business.