Eurozone Debate

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Department: HM Treasury

Eurozone

Rob Wilson Excerpts
Monday 10th October 2011

(13 years, 2 months ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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Order. At one point I thought that the hon. Member for Reading East (Mr Wilson) had toddled out of the Chamber, but I am delighted that he is back in his place and we want to hear him.

Rob Wilson Portrait Mr Rob Wilson (Reading East) (Con)
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My right hon. Friend was right to be concerned in his statement about money finding its way to small and start-up businesses. May I urge him to consider streamlining the current, overly complex enterprise investment scheme and add tax relief to those business angel investors who are making their savings available to small businesses in this country? Such an approach would give a much-needed boost to small business in this country.

George Osborne Portrait Mr Osborne
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My hon. Friend will be pleased to know that we have just announced reforms to the EIS to make it more generous and, we hope, simpler to claim.