Oral Answers to Questions

Karl McCartney Excerpts

Tuesday 11th October 2022 Commons Chamber

[Ian Levy (Blyth Valley) (Con)]

2. What fiscal steps he is taking to support small and medium-sized enterprises.

[Karl MᶜCartney (Lincoln) (Con)]

10. What fiscal steps he is taking to support small and medium-sized enterprises.

[The Chancellor of the Exchequer (Kwasi Kwarteng)]

My hon. Friend will know that the growth plan really was a very strong package for business and for small and medium-sized enterprises, and I am sure that many of his constituents will appreciate the strong measures that we introduced.

--- Later in debate ---

[Karl MᶜCartney]

Thank you, Mr Speaker; it is like I never went away. I refer Members to my entry in the Register of Members’ Financial Interests.

Supporting businesses will always be a key pillar for growing our economy and, by association, our small and medium-sized businesses, of which there are many in Lincoln and more across our county of Lincolnshire. They should be at the forefront of the Government’s growth agenda. Devolved areas such as Teesside and the West Midlands have continually been successful in delivering for their areas. Greater Lincolnshire stands ready right now for a maximum devolution deal. Therefore, will the Treasury support any such deal for Greater Lincolnshire?

[Kwasi Kwarteng]

My hon. Friend knows that devolution is at the heart of the Government’s plans to level up and strengthen communities, and in the levelling-up White Paper the Government have fully committed to offering a devolution deal to every area that wants one by 2030.