(4 years, 2 months ago)
Commons ChamberWe have handed out £11 billion-worth of cash grants to businesses across the country. In terms of the underspend, the under-allocation varied by local authorities and how much money they could get to those businesses, which is why we need to have it in to reconcile. I work with the wedding sector. At the moment it is impossible to work through a system that makes it viable for those businesses to open beyond a certain number. However, they will be viable businesses in the future.
Ministers have clearly set out the benefits to all UK businesses of ensuring that goods and services can flow freely across the UK. That is in Scotland’s interests, given that it exports more to the rest of the UK than to the EU. The hon. Gentleman will have noticed that I have spent about 12 hours on these Benches with the Minister of State, Cabinet Office, my hon. Friend the Member for Norwich North (Chloe Smith), having discussions and debating this issue.
Businesses in my Kirkcaldy and Cowdenbeath constituency and across Scotland benefit from not only the most competitive business rates regime in the UK but vital schemes such as the transition training fund, the inward investment scheme and a half-billion pound infrastructure plan. With the internal market Bill allowing UK Ministers to spend in devolved areas, what guarantees can the Minister give that such expenditure will not result in a consequential reduction in essential Scottish Government funding, putting such schemes at risk?
Spending from the UK Government will be complementary to that coming from the Scottish Government. We want to add to that and to make sure that the UK economy can flourish. Scottish business will be at risk without the regulatory certainty of this Bill, so we want to prevent additional layers of complexity.