Oral Answers to Questions Debate

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Department: HM Treasury

Tom Blenkinsop

Main Page: Tom Blenkinsop (Labour - Middlesbrough South and East Cleveland)

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Oral Answers to Questions

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Points of Order
Tuesday 5th November 2013

(11 years, 11 months ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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I entirely agree. That £2,000 for every business will feed through by helping businesses take on new staff, invest in their business or pay higher wages. It is a positive contribution, which contrasts with the proposals that we inherited for an increase in employer’s national insurance contributions.

Tom Blenkinsop Portrait Tom Blenkinsop (Middlesbrough South and East Cleveland) (Lab)
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Why since 2011 has SME investment and lending to SMEs fallen by £30 billion?

David Gauke Portrait Mr Gauke
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We have had to deal with the aftermath of a banking crisis that occurred, in part, because of failed regulation set up by the previous Government.

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