Shadow Business Secretary says Government are about to ‘clobber’ small businesses

Evening Standard

@GBNEWS on X: Shadow Business Secretary Andrew Griffith says if the Government were ‘serious’ about economic growth, they wouldn’t be ‘clobbering’ business rates on hospitality and small businesses, saying Labour have been ‘frankly dishonest’ in the Budget.

Transcript

00:00This morning I'm releasing analysis on business rates that's going to absolutely clobber

00:05pubs and restaurants and some small businesses up and down the country. You barely heard a word of

00:10that from the budget. It was frankly dishonest in terms of what's going on there. That's going

00:15to harm jobs. It's going to harm our high streets and economic growth. And that's what you get,

00:20to be honest. You go and tax people more. You undermine incentives to build a business. Someone

00:25builds a business and then you tax them when they try and pass it on to their children with the

00:30family business death tax. No wonder we've got an anemic economy where we found out yesterday that

00:36quarter of a million people are leaving, 100,000 of them, some of our youngest, bestest and brightest.

00:43You've got to invert all of this. If a government was serious about growth, it wouldn't be pursuing

00:47the Employment Rights Bill, the Bill for Unemployment, and it would not have absolutely

00:52done the budget that we heard about on Wednesday, which is on the side of welfare.

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