I have been working with my constituent for some time now to shed light on the Royal Bank of Scotland scandal which saw many viable small and medium sized businesses put into insolvency.
Twice a debate was scheduled in Parliament on this important matter and twice it was cancelled at short notice. It is vital that we have the chance to raise our deeply held concerns on the running of this still publicly owned bank and ensure justice for those who faced RBS in this scandal.
I will be supporting Small Businesses Saturday in Delyn this weekend.
Small Business Saturday takes place annually and this year will fall on 3 December. The campaign exists to raise the profile of small businesses and the important role they play within our communities and serves to encourage people to discover and value these businesses and ‘shop local’.
Last year 16.5 million people shopped in a small independent business during Small Business Saturday. 64% of UK consumers were aware of the day, and 55% of local authorities supported the campaign. In Wales there are roughly 222,000 small businesses, which has increased by 4% since last year, and it employs 54,000 people in Wales. Read more “Small Business Saturday 3rd December 2016”
On Monday, I asked the Minister for Communities and Local Government, Andrew Percy MP, what help and support the Government will be giving to Local Government – and local businesses in turn – to compete against large out of town retailers who are able to provide free car parking.
Local Government budgets have been cut dramatically by the UK Government as well as the budgets to the Welsh Assembly – who fund Local Government in Wales. This has seen budgets in county councils being stretched so free parking is no longer something that can be provided. This has allowed out-of-town retailers, who own large plots of land and car parks to give free parking. This undermines the competitive edge that in-town businesses used to have.
The Minister didn’t provide a response. Instead he chose to talk about an isolated example in North Lincolnshire. Therefore we can only be led to believe that the Government has no plans to help small and medium size retailers in North Wales.
I will continue to pressure the Government to support our small businesses, who are the backbone of our economy.
Last night, I, along with his parliamentary colleagues were able to get an important concession from the Government in the Finance Bill on making multinational corporations report where their revenue is raised. This is known as “public country-by-country reporting” because it makes multinationals who operate across several countries report what revenue they have raised around the world.
I was a co-signatory to an amendment written by Labour MP Caroline Flint. The voting for the Bill didn’t finish until nearly midnight, but the wait was worth it to ensure this amendment was passed. The Government finally accepted this common sense amendment which means it will now be included in the Bill. Read more “Finance Bill”