Gagan Mohindra, MP for South West Hertfordshire, has warned that businesses are “being punished” by the increase in National Insurance contributions.
On Thursday, July 17, Mr Mohindra MP spoke to Gareth Thomas MP, the Business and Trade Under Secretary of State.
Mr Mohindra MP said: “Small independent businesses like The Kitchen Croxley have suggested that… they will need to serve cold coffee and replace staff with touchscreens just to afford to stay open.
“What will the Minister do to ensure that small businesses are encouraged to grow, rather than being punished for being entrepreneurial?”
Mr Thomas MP responded: “We have taken a range of measures to support businesses. The Chancellor set out in the spending review a two-thirds increase in the capacity of the British Business Bank, which will make it a lot easier for businesses to access the finance they need to start up and scale up.
“The extra police officers that we have recruited, and our commitment to recruit still more, will make it easier to bear down on shoplifting and other anti-social behaviour.”
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