Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

John McNally Excerpts
Tuesday 29th January 2019

(5 years, 10 months ago)

Commons Chamber
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Robert Jenrick Portrait Robert Jenrick
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I concur with everything my right hon. Friend has said. This is of course a country of entrepreneurs. All our most recent statistics have shown that the UK is attracting entrepreneurs from around the world. We are the third leading destination in the world, after the US and China, for inward investment. That is not happening by accident; it is happening as a result of the pro-business policies of this Government, creating the most globally competitive tax regime and investing in our productivity.

John McNally Portrait John Mc Nally (Falkirk) (SNP)
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21. If Brexit goes ahead, what plans has the Chancellor made to compensate firms in Scotland, such as the live transport of shellfish and seed potatoes industry, which will suffer losses because of delays at the ports?

Robert Jenrick Portrait Robert Jenrick
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The Government are making a range of plans to support businesses in the event of all Brexit outcomes. For example, Her Majesty’s Revenue and Customs is increasing its guidance to firms online and by writing to more than 140,000 businesses across the country to ensure that they make appropriate plans. As I have already described, in the Budget we made a whole range of moves to support small businesses across the country—business rates relief, the future high streets fund—all of which have been Barnetted. It is for the Scottish Government to come forward with their plans for how they intend to support small businesses; at the moment, there is only silence.