Business of the House

Maggie Throup Excerpts

Thursday 31st January 2019 Commons Chamber

[Andrea Leadsom]

The hon. Lady will be aware that the Government have listened carefully to the concerns of that particular group of women. It was right to equalise the state retirement age, and the Government have taken steps, including committing more than £1 billion, to support those who were worst affected, so that no one will see their pension age change by more than 18 months, relative to the Pensions Act 1995 timetable, and that those with the most significant changes will receive at least seven years’ notice.

[Maggie Throup (Erewash) (Con)]

Last week, I held a Westminster Hall debate on the contribution that the furniture industry makes to our economy, in which Members from across the House highlighted the important role played by their small and medium-sized furniture manufacturers. Following on from that, may we have a debate in Government time on the importance of supporting SMEs across all industries?

[Andrea Leadsom]

I pay tribute to my hon. Friend for the work that she does as chairman of the all-party parliamentary furniture industry group. She is right to stress the importance of SMEs to our economy, and she will be aware that small businesses are being supported with new investments, as part of our modern industrial strategy, to boost their productivity and ensure that they continue to thrive. I can tell her that 15 projects from around the United Kingdom have won a share of the £2 million business basics fund, which is part of our modern industrial strategy.