Oral Answers to Questions Debate
Full Debate: Read Full DebateSally-Ann Hart
Main Page: Sally-Ann Hart (Conservative - Hastings and Rye)Department Debates - View all Sally-Ann Hart's debates with the Department for Business, Energy and Industrial Strategy
(3 years, 3 months ago)
Commons ChamberThe hon. Lady will know that that was a very difficult decision. The Treasury and the Government made a decision to reduce ODA spending from 0.7% of GDP to 0.5%. In the integrated review, we said that we would get it back to 0.7% when we could. We are fully appreciative that it was a difficult decision, and we want to get back to 0.7% as soon as the fiscal situation allows.
The Federation of Small Businesses does a great job across the country, including in Hastings and Rye, and, as I said, it is very important that SMEs play a massive role in levelling up around the country. I have talked about the fact that strengthening the prompt payment code will ensure that small businesses get paid within 30 days. We will always do more to make sure that we can support small businesses, because we know that cash flow is king, and they will be a major part of building back better.