Nadhim Zahawi
Main Page: Nadhim Zahawi (Conservative - Stratford-on-Avon)Department Debates - View all Nadhim Zahawi's debates with the Cabinet Office
(11 years, 1 month ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
The Prime Minister
My hon. Friend has made a good point. A single e-commerce market requires proper rules on data protection, but if those rules are much more onerous than what we have today, they will add to costs, destroy jobs and send those jobs elsewhere. That is why, although we are the biggest enthusiasts for the completion of the digital single market, we must get the directive right rather than just signing it through, as the Labour party would have done, without caring about the consequences.
Nadhim Zahawi (Stratford-on-Avon) (Con)
We have 4.9 million small and medium-sized businesses in our country. The number has risen by 400,000 since 2010. Did the Prime Minister have a chance to talk about those businesses and the regulatory burden that has been imposed on them?
The Prime Minister
My hon. Friend has made an important point. Given that 400,000 net new small businesses have been created since the Government came to power, we should be trying—at both European and UK level—to exclude micro-businesses altogether from some of these classes of regulation.