Millions of people sat in front of their TV last night and I can’t imagine that they were watching anything other than the Budget debate on the Parliament channel.
I participated in the debate virtually from my home in Arnold and welcomed the Chancellor’s fantastic announcement that the East Midlands will be home to one of the new Freeports which will create up to 60,000 new jobs in the region and boost local job opportunities for Gedling residents.
Over the past year, the Treasury’s support and assistance for businesses across Gedling has included:
More than £13 million of grants for local businesses
Nearly £9.5 million under the self-employed income scheme
Over £12 million in business interruption loans
Over £44 million in bounce back loans
The Chancellor’s interventions so far have helped to save jobs across Gedling and I welcome the major improvement in access to the self-employed scheme now that the tax return deadline for this year has passed, enabling over 600,000 more people to claim the fourth and fifth grants. The all-party group on gaps in support has produced a report with further proposals, which I will read with interest.
You can watch my speech here https://fb.watch/48rjTDiEjU/ or using the link below
