Small Businesses: Finance Debate

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Department: HM Treasury

Small Businesses: Finance

Lord Brooke of Sutton Mandeville Excerpts
Wednesday 25th February 2015

(9 years, 2 months ago)

Lords Chamber
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Lord Newby Portrait Lord Newby
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The noble Lord will be amazed to discover that I do not agree with him at all. He has failed to point out that since this Government came into office private sector employment is up by well over 2 million and the majority of that is likely to be in small and medium-sized businesses.

Lord Brooke of Sutton Mandeville Portrait Lord Brooke of Sutton Mandeville (Con)
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May I commend to my noble friend my experience in running a small business where I found that our bills got paid significantly faster if we asked our auditors to call up the company that owed us money?

Lord Newby Portrait Lord Newby
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I am extremely grateful to my noble friend for his suggestion.