Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Robert Smith Excerpts
Tuesday 27th January 2015

(9 years, 10 months ago)

Commons Chamber
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Priti Patel Portrait Priti Patel
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To put it bluntly, this Government have turned around not only the economy, but the business environment. This Government have backed British businesses and business lending every step of the way, which is in stark contrast to a Labour Government, under whom that would only go backwards.

Robert Smith Portrait Sir Robert Smith (West Aberdeenshire and Kincardine) (LD)
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Does the Minister recognise that when the consultation on tax reforms for the North sea finishes, it will be crucial to businesses in the north-east of Scotland for the Budget to set in place permanent reforms for the long term, not just for the crisis?

Priti Patel Portrait Priti Patel
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My hon. Friend touches on a very significant point. The reality right now is that the reforms are all about long-term economic security. This Government have worked assiduously to ensure that every measure undertaken, whether to back businesses or to create the right tax environment for businesses—he has championed that in his constituency—is the right way forward.