Proceeding contribution from Chuka Umunna (Labour) in the House of Commons on Wednesday, 23 November 2011. It occurred during Opposition day on Economic Growth and Employment.
Economic Growth and Employment
I completely agree with my right hon. Friend. Of course, another question for the Government is why they will not listen to business organisations that have been calling for action. The CBI is calling for infrastructure spending to be brought forward, the Federation of Small Businesses is calling for a one-year national insurance break for every small firm taking on extra workers, and the Federation of Master Builders would like a targeted cut in VAT to 5% for home improvements, maintenance and repairs. Business organisations, from those representing the food and beverage sectors to those representing businesses on our high streets, which are suffering, are calling for a reversal of this year's hike in VAT. What do all those measures have in common? They are all part of Labour's plan for growth and jobs. As our motion stated, the Government must take action now to increase demand and growth and give immediate help to the high street—[Interruption.] The Minister of State, the hon. Member for Hertford and Stortford (Mr Prisk), chunters from a sedentary position. If he wishes to ignore all the various business organisations, people might put a big question mark over his judgment. It is clear that the Government need to back our plan and that they must do so now.
Secondary information
- Type
- Proceeding contribution
- Reference
- 536 c323
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Business Banks Finance Economic growth Pay Young people Trade Taxation Unemployment Regional Growth Fund BRIC countries
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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