Energy Prices: Support for Business Debate
Full Debate: Read Full DebatePatrick Grady
Main Page: Patrick Grady (Scottish National Party - Glasgow North)Department Debates - View all Patrick Grady's debates with the Department for Business, Energy and Industrial Strategy
(2 years, 3 months ago)
Commons ChamberThe degree of certainty that is being offered is greater than in a normal year. We are saying that what will happen will be announced after the three-month review has taken place, in plenty of time for 1 April. Normally, local authorities are dependent on the vicissitudes of the market.
Bars, butchers and other small businesses I have spoken to in Glasgow North are already operating on the tightest of margins. If they go out of business, that has a knock-on effect across the local economy, so the poverty rate spirals up rather than wealth trickling down. What assurances can the Secretary of State give these businesses, rather than simply pushing the cliff edge further down the road?
I think we have given a very substantial assurance this morning.