Autumn Statement

Mary Macleod Excerpts

Thursday 5th December 2013 Commons Chamber

[Mr Osborne]

First, we are putting in additional money for the flood defence programme. Indeed, additional money in the autumn statement has gone into coastal management, too. The hon. Lady makes a point about the economy, but we have not, of course, heard a serious economic argument advanced by the Labour party so far. Let me point out that in the hon. Lady’s constituency, unemployment is down 30% and youth unemployment is down 48%, which are very significant falls for the people she represents.

[Mary Macleod (Brentford and Isleworth) (Con)]

With small business Saturday coming up this weekend, I join the director general of the British Retail Consortium, who said that the business rate cap

“will be welcomed enthusiastically by retailers across this country.”

While I will still keep urging the Chancellor to consider full-scale reform of business rates, does he agree that today’s announcement will save thousands of jobs around this country and boost the local economy in communities such as those in Brentford, Isleworth and Chiswick?

[Mr Osborne]

I know my hon. Friend has been assiduous in campaigning on behalf of her constituents for us to help with business rates for people running shops on the high street. I believe that she has raised the issue at the last two Prime Minister’s Questions, showing what a champion she is of her local constituency. She can take part of the credit for the measures we have taken today to help the high street.