Wednesday 6th January 2021

(3 years, 10 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
John Hayes Portrait Sir John Hayes (South Holland and The Deepings) (Con) [V]
- Hansard - -

Supporting businesses as they endeavour to cope with covid and its multiple challenges has rightly been among the Government’s primary priorities. A comprehensive package of support, including the job retention scheme, loans, rate holidays, cash grants and a temporary cut in VAT for the hospitality and tourism sectors, has provided a means of survival, but no more than that. This lifeline for livelihoods must not be cut now. Firms that depend on advertising revenue are particularly vulnerable.

Some 99% of firms in our nation are SMEs. They have a central role, whether it is pubs, family-run hotels, cafés or restaurants, manufacturers or independent local shops. They are at the heart of our economy, and they provide the lifeblood that flows through our communities. We must ensure that covid does not further widen existing disparities, advantaging the big at the expense of the small, advancing the national at the expense of the local and the urban to the detriment of the rural. In that respect, I repeat what I said earlier to the Prime Minister. We need the vaccine in rural communities. It needs to be delivered locally and accessibly for those who live a long way from large towns and cities.

SMEs, particularly those in remote areas, face a daily struggle and need continuing support. Contrast for a moment independent, family-run shops, passed down through generations and struggling to cope, with a Tesco executive rejoicing as profits continue to soar. Contrast an Amazon director celebrating a 37% increase in their earnings with the owner of a much loved bookshop dutifully distilling and distributing the wisdom of ages and struggling with the strain of debt.

Schumacher argued that small is beautiful, and small is indeed beautiful, because people are the things that matter most. The Government must try out a new orientation, in which the needs of small, independent family businesses come above the interests of faceless corporations. A new challenge brings new chances for cathartic change. At present, the Government are preoccupied with responding to covid and are defined by that to some degree, but we can chart a new normal that is fairer, freer and fraternal—a different kind of social order where social capital matters as much as economic prosperity and where the wellbeing of communities is at the heart of all that Government do. As our Prime Minister rightly reiterated, only through determination, perseverance and togetherness will the clouds of this storm clear. We must build a new nation—one nation—based on fraternity at Westminster.