Oral Answers to Questions

Debate between Jo Cox and Sajid Javid

Tuesday 3rd May 2016 Commons Chamber

[Sajid Javid]

First, the hon. Gentleman may know that one of the changes brought in during the coalition Government was that if a small business’s application for credit is refused, that application can be passed on, with the business’s permission, to other potential lenders. That has certainly helped to change the landscape. We can also help to increase competition, on which the Treasury has been leading. If the hon. Gentleman looks at the number of providers of SME finance, he will see that there has been a dramatic change there, too.

[Jo Cox (Batley and Spen) (Lab)]

15. What recent assessment he has made of trends in productivity levels.