Jim Shannon
Main Page: Jim Shannon (Democratic Unionist Party - Strangford)Department Debates - View all Jim Shannon's debates with the Department for Education
(12 years, 1 month ago)
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Michael Fallon
I am very surprised to hear that kind of criticism after an autumn statement that increased investment allowances, announced a further round of regional growth funding and further lifted the burden of taxation on British business. British business has welcomed the autumn statement. I think that the hon. Gentleman ought to read it again.
Jim Shannon (Strangford) (DUP)
Small and medium-sized businesses are clearly the heart of the community as they create and maintain jobs. What steps is the Minister taking to ensure that we have a UK strategy that enables all parts of the United Kingdom, and Northern Ireland in particular, to benefit from international markets?
Michael Fallon
UKTI is UK-wide and, of course, does everything it can to support exports from every part of the United Kingdom. As I have said, there is an increased focus on helping small and medium-sized firms to export, which is why we are providing a new facility from April to extend credit totalling £1.5 billion for small firms that need it for longer term financing—three to five years—for contracts overseas.