Oral Answers to Questions

Suzanne Webb Excerpts

Tuesday 25th May 2021 Commons Chamber

[Kwasi Kwarteng]

In my business engagement, I have been lucky enough, I suppose, to meet the CEO of pladis, the McVitie’s operator. I am not particularly aware of the specifics of what the hon. Gentleman has just informed the House, but I would be very happy to speak to him and others to see what we can do to ensure that the situation is improved. The business seems open; I had a good conversation with the CEO, but I would like to hear more about the specific details of that plant.

[Suzanne Webb (Stourbridge) (Con)]

Levelling up has never been more important than in the historic town of Lye in my constituency, an area that I am determined to help regenerate—made easier, I hope, by the funding put in place by this Government. One business in Stourbridge, I’m Lucky, was unlucky enough to open just before the second lockdown, but with Government support, and helped by its own fantastic entrepreneurism, it has survived. It now has an online shop front, and it has begun recruiting staff. Does my hon. Friend agree that businesses such as I’m Lucky have a vital role to play in levelling up this country?

[The Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy (Paul Scully)]

I thank my hon. Friend, and I wish I’m Lucky all the best for the future. Over the past year, I have met a number of businesses that have opened either at an unfortunate time—just going into a lockdown—or possibly at a fortunate time, as they steal a march and pivot into new business areas. Growing those small and medium-sized enterprises is really important to levelling up. We have already provided over 1,000 start-up loans worth £11.8 million this year. We are reducing employment costs by up to £4,000 through the employment allowance and supporting skills through apprenticeships. The strengthened prompt payment code ensures that those small businesses will get paid within 30 days.