Sarah Bool
Main Page: Sarah Bool (Conservative - South Northamptonshire)Department Debates - View all Sarah Bool's debates with the HM Treasury
(1 day, 13 hours ago)
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Sarah Bool (South Northamptonshire) (Con)
Since coming into office last July, this Labour Government have launched an all-out attack on businesses in this country—an attack on 5.5 million SMEs that represent more than 99% of our business population, and small businesses in my constituency, of which 88% is agricultural land, are front and centre of that assault. Not only are our farmers being hit by the cut to agricultural property relief and business property relief, but small businesses that sell their produce, such as Barnowl Farm Shop in Evenley and Towbury Court in Towcester, will also be hit by those taxes. My farmers do not deserve that. They have only ever worked hard, day and night, generation after generation.
Small businesses on Brackley high street, such as Defern Beauty, have told me that they might have to cut their highly successful apprenticeship programmes, as the tax hikes mean they can no longer afford to keep apprentices on. This Government are destroying small businesses and our high street. Our local pubs, of which there are more than 90 in my constituency, will also be hurt by the reductions in business rates relief for hospitality businesses—another punitive tax rise at a time when many of our locals are really struggling.
The Conservatives left office with one of the lowest unemployment figures recorded in recent history, but after the Hallowe’en Budget, we are seeing the number of vacancies fall and growth slow down. That is a result of the choices that this Government have made: a choice to give above-inflation pay rises to their union paymasters and a choice to target our farmers and destroy their life’s work for 22.5 hours of NHS spending. That was not driven by a growth agenda but by a socialist ideology. It is also a choice to change business property relief and destroy our local pubs. The Government are hiking taxes, and it is the working people across this country—the working people they promised to protect—who will pay the ultimate price. Labour is not working.