(8 years, 5 months ago)
Commons ChamberMy hon. Friend, as ever, makes an excellent point. Unemployment in his constituency has fallen by 2,700 since 2010. Skills are absolutely important and I will be having the conversation he suggests.
I welcome the new Economic Secretary to his role in the Treasury. I am sure he will bring a much-needed dash of colour and flamboyance.
Employment is incredibly important in my constituency and across Scotland. Will the Treasury give an absolute commitment today that not one penny of research and development funding that goes to the wonderful higher education institutions across Scotland, and particularly in my constituency, will be lost as a result of the EU Brexit decision?
The hon. Gentleman is, as always, very entertaining. The Chief Secretary has said that we will make an announcement in due course.
(13 years, 10 months ago)
Commons ChamberMy hon. Friend is, as usual, correct. We inherited a very big mess indeed.
Coalition Ministers are driving forward a programme with one purpose—creating jobs. There is talk about what is happening. A raft of measures have been introduced, and those are designed to support economic recovery, boost business and help the private sector to create jobs. Corporation tax is falling for both small and large firms. The previous Government’s planned increase in employer national insurance contributions has been stopped. National insurance contribution discounts are being offered to encourage new start-ups to take on employees. Small-business rate relief has been doubled for a year, and the Government are getting to grips with the red tape that strangles so many of our small firms.
Let me be clear on this point—
I will not.
Business needs to be liberated, not submerged in legislation, not taxed out of existence, not immobilised by red tape. We must release the shackles and set business free.
Brand UK is strong, and it is important that we talk Britain up, not down. We must dispel any perception that the UK is a burdensome place to do business. We need to be aware of the huge competition from Asia. The Prime Minister, the Foreign Office, the Treasury and BIS have all given the highest priority to the business and skills agenda.
The coalition Government are ensuring that entrepreneurs and business owners are able to access the information and advice that they need. The Business Department is undertaking a number of reforms to Government-funded business support. The Work programme will provide personalised support for those with the greatest barriers to employment. The new enterprise allowance will help people to make the jump from unemployment to self-employment. Investment will ensure that workers have the skills that they need in a modern labour market. Young unemployed people will get much more help to access extended work experience opportunities.