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Proceeding contribution from Lord Hammond of Runnymede (Conservative) in the House of Commons on Monday, 28 April 2008. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.


Finance Bill

Does the Financial Secretary recognise that the problem faced by the UK is not the number of start-up businesses—that is holding up pretty well—but the number of businesses that reach the critical level of a £1 million turnover within three years? That number has fallen, so more lifestyle-type businesses are starting up, but fewer of them are growing to become scalable businesses that will create the jobs, wealth and prosperity that the economy needs.


Secondary information

Type
Proceeding contribution
Reference
475 c65 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Companies Capital gains tax Corporation tax Bingo Amusement arcades Licensing Investment Income tax Gaming machines Pensioners Small businesses Tax allowances Taxation Tax rates and bands
Legislation
Finance Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk