Employment Rights Bill Debate
Full Debate: Read Full DebateWendy Morton
Main Page: Wendy Morton (Conservative - Aldridge-Brownhills)Department Debates - View all Wendy Morton's debates with the Department for Business and Trade
(1 week, 6 days ago)
Commons ChamberAhead of getting into the detail of the many amendments before us, which the Minister rattled through in just 10 minutes, let me say that overnight we learned that the Government are moving the responsibilities of one quango to another. They are moving the responsibilities of the Payment Systems Regulator to the Financial Conduct Authority, putting one quango into another. Conveniently, they already share a building. The Prime Minister has hailed that as “the latest step” in the Government’s attempt to “kick-start economic growth”, though the amendments we are discussing do the very opposite.
The Chancellor said:
“The regulatory system has become burdensome to the point of choking off innovation, investment and growth”,
but that is precisely what the Bill does. I do not know how the Government can say that with a straight face when, as we stand here today, blocking regulatory burdens cost every business in the land—small, medium or large—£5 billion.
In the Chamber yesterday, it was quite clear that the Minister and his team did not fully understand the definition of a small business. I am sure that my hon. Friend the shadow Minister does understand it. Does he agree that that is fundamental to understanding why the balance of this legislation is wrong?
My right hon. Friend makes a superb point, as she always does. Every single small business that I have talked to in my constituency is very concerned about the measures in this—