Pauline Latham
Main Page: Pauline Latham (Conservative - Mid Derbyshire)Department Debates - View all Pauline Latham's debates with the Leader of the House
(11 years, 3 months ago)
Commons ChamberIf I may, I will ask a Minister at the Department for Business, Innovation and Skills to respond to the hon. Gentleman. He will know that the Secretary of State has stated clearly to the House that he will undertake a review of those issues and I am sure that he will want to report to the House on that.
On 4 October, I will be hosting an event at the university of Derby at which businesses in my constituency can discuss exporting their products. I am sure that we can all agree—even Opposition Members—that exports are key to maintaining the positive economic figures that we have heard about recently. May we have a debate on reducing the tax and bureaucratic burdens on small and medium-sized businesses to ensure that they can afford to send their products to foreign markets and continue to lead this Government’s economic journey from rescue to recovery?
My hon. Friend makes a very good point. I welcome what she says about the conference in her constituency. The increase in our exports is making a difference to our economic prospects. There has been a 5.8% increase in exports on a year ago. Given the circumstances, we cannot expect Government spending simply to replace private spending. Consumers, as a result of high levels of debt, have also been retrenching. Our ability to invest and secure growth in the economy therefore depends principally upon winning in the global race and getting into foreign markets. The fact that exports to China have gone up by 80% and to Brazil by 47% demonstrates that our businesses can win in the global race.