PARLIAMENTARY DEBATE
Topical Questions - 5 September 2024 (Commons/Commons Chamber)
Debate Detail
The points that my hon. Friend makes are right: small businesses, entrepreneurs and start-ups are essential to our economic success, in Southport and in every part of the UK, and the support we will give them covers advice, guidance and training. On his point about skills, that is why we have established Skills England. If we want entrepreneurs to take real risks with their own property and income, we must give them stability. We cannot change policy every year; we cannot elect Liz Truss as Prime Minister and expect people to take those risks. The stability and consistency we will bring is as important as the policy environment we will create to do exactly what my hon. Friend says.
We have moved at pace to put the scheme in place. We were able to do so because of the legislation we got through in the wash-up at the end of the last Parliament. The hon. Member will have heard what I said about the letters that we got out to get that information to people. [Interruption.] What was that? We will take that up offline. I welcome his interest and will continue to work with him on it.
There is an issue with consumer demand, which affects all of Europe. We are working closely on that. Under the policies of the last Government, there are flexibilities—things that can be transferred from one financial year to the next. We keep everything under close review, but we are committed to the transition. That is essential to industry and consumer confidence and making sure that that happens. Every country in the world has similar policies. This is an ongoing transition, and we are absolutely going to make it work for British industry.
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