Skip to main content

Proceeding contribution from Lord Hanson of Flint (Labour) in the House of Commons on Thursday, 13 January 2011. It occurred during Debate on bill on National Insurance Contributions Bill.


National Insurance Contributions Bill

My right hon. Friend touches on an important point to which I will return when we discuss the group of amendments on London's exclusion. She will be interested to know that the number of business deaths in London was 13.7% higher than anywhere else in the country. While business births are higher in London, at 12.6%, the figure for business deaths shows that there is a higher turnover and a greater loss of businesses in London than anywhere else. London, the south-east and east region is not included in the Bill. However, even with the Bill as currently constituted, an annual report by constituency would clearly show where the business successes are, where new start-ups take place, and how many employees are being employed as result of the scheme—in other words, it would clearly show its success in meeting the Minister's stated objectives. Without the annual report, I will have to table questions to find out that information. The Minister will need to have the information to monitor the progress of the scheme and look at its take-up and distribution, but it will not be public unless we have an annual report.


Secondary information

Type
Proceeding contribution
Reference
521 c453-4 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Business Employment Finance Greater London Increases National insurance NHS National Insurance Fund Public sector National insurance contributions New businesses VAT Take-up South East East of England
Legislation
National Insurance Contributions Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk