(2 years, 7 months ago)
Commons ChamberThe Government are cutting fuel duty, at a cost of £5 billion over the next 12 months; raising the employment allowance to £5,000; and zero-rating VAT on energy-saving materials. That builds on existing support, including business rates relief worth £7 billion over five years.
Businesses such as Sidhu’s chippies in my constituency had pinned their hopes on the Chancellor reducing VAT to 12.5%. They are now going to be pushed to the brink as energy costs are set to almost triple this financial year. What hope can the Minister offer Sidhu’s and other businesses that have served their local communities for decades but now cannot guarantee jobs and services into the future?
Our hospitality strategy, which includes fish and chip shops and other restaurants around the country, has a number of workstreams to co-create solutions with businesses rather than the Government having all the answers. The hon. Lady needs to consider the issue in the round, including the business rates relief and other support that we have given of £408 billion over the past two years.
(2 years, 9 months ago)
Commons ChamberThe hon. Member has reflected her consultation response in her questions. The consultation stuck to the principle that there is no one-size-fits-all approach to flexible working. We support the “right to request” framework, which facilitates an informed two-sided conversation but ensures that employers have the right to refuse requests that are unworkable within their business operations. Clearly, that will need to be robust if they feel that they need to reject a request because of the business situation.
We recognise the impact that rising energy prices will have on businesses of all sizes. To understand the challenges that they face and explore ways to protect consumers and businesses, Ofgem and the Government are in regular contact with business groups and suppliers.
Given that the Federation of Small Businesses has said that small business confidence in the north-east is now at minus 64%, can the Minister say what consideration he is giving to the measures put forward by the FSB to support small businesses in the energy crisis, including scrapping the planned national insurance contributions increase and extending the household rebate to be matched by an equivalent business rate rebate?
I met representatives of the FSB and other organisations yesterday, when we touched upon energy for businesses. We will always listen to those representative organisations. Clearly we want to ensure that the £408 billion of support in the last two years to protect businesses, livelihoods and jobs will help us to shape the recovery, with ongoing support from this Government—the Government for business.