Richard Graham
Main Page: Richard Graham (Conservative - Gloucester)Department Debates - View all Richard Graham's debates with the HM Treasury
(12 years ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Andrew Jones (Harrogate and Knaresborough) (Con)
7. What steps he is taking to support business creation.
Richard Graham (Gloucester) (Con)
9. What steps he is taking to encourage private sector job creation.
The Chancellor of the Exchequer (Mr George Osborne)
Some 1.2 million private sector jobs have been created since the first quarter of 2010. Last year more new businesses were created than in any other year on record. In the autumn statement we took further steps to support job creation and business creation by reducing the corporation tax rate to 21%, extending the small business rate relief scheme to support 500,000 small businesses and increasing by tenfold the annual investment allowance to £250,000.