Cornwall: A Better Place to do Business
Mark Prisk MP set out clear commitments to representatives of St Ives businesses at a breakfast organised by myself recently. The event, held at the Carbis Bay Hotel, brought together over 30 people from the business sector to hear Conservative plans to make Cornwall a better place to do business. Mark Prisk told the meeting that a future Conservative Government would:
• Establish a temporary National Loans Guarantee Scheme to get credit flowing again and help protect jobs
• Allow struggling firms to defer their VAT bills for up to six months
• Cut small firms' payroll taxes
• Help companies with the costs of hiring new staff by giving tax breaks for new jobs
Mark Prisk MP said “Under Labour, business has become increasingly burdened by corporate taxes, red tape and the lack of enterprise leadership in government. As a result, we are falling down the global scale of economic competitiveness.”
He continued “We would ensure Britain is one of the most competitive economies in which to do business in the future by cutting the main rate of corporation tax, cancelling Labour's planned increase in the small companies tax rate, and cutting the rate instead and reducing the burden of regulation to give businesses more freedom and greater flexibility.”
For me business is a key priority. I recognise the huge contribution business makes to West Cornwall. Many people in West Cornwall run their own company or work in a small business. I am confident that our plans will enable these businesses to flourish.
Picture: speaking to business leaders in St Ives with Mark Prisk MP, Shadow Minister for Business and Enterprise.
Note: Further commitments of the Conservative Party to help business:
• Simplify employment law to make it easier to hire people
• Improve skills training and apprenticeships
• Reform the Regional Development Agencies to create a vibrant, business-focused force
• Strength UK Trade and Investment to give British business a powerful voice abroad
• Increase government procurement from small firms
