Enterprise Bill Debate Speech

David Evennett, MP for Bexleyheath and Crayford, gave a speech supporting the Enterprise and Regulatory Reform Bill during the Second Reading debate in the House of Commons yesterday (11 June).

He highlighted a number of firms he had visited to discuss business issues, commenting that “I remain concerned about the number of complaints that I regularly receive about the regulation and unnecessary bureaucracy that firms have to deal with and that take them away from more crucial tasks.”

Mr Evennett spoke about the measures that the Government had already taken to support small and medium sized businesses. He said “In the past two years, this Government have made real progress. Corporation tax has been cut and there is a greater number of apprenticeship places and more financial assistance to support work-based learning. The red tape challenge campaign was launched so that we listen to businesses’ concerns about regulation. A national loan guarantee scheme has been introduced so that businesses can get access to the credit that they need either to survive or to grow, and young entrepreneurs are being supported with start-up finance. Of course, much more needs to be done to help business, and the Bill will help dramatically with that.”

Speaking about the Bill itself, he raised three issues – competitiveness, regulation and employment law. Mr Evennett said “I applaud the Bill and all that it is trying to achieve. Of course we want to make a real difference for businesses across the country. We want to free small and medium-sized businesses from the burden of excess regulation. Employment rules will be reformed, so that the tribunal process is fair for all parties in any dispute; arbitration will be required first, and hopefully that will reduce costs. Markets will be reformed so that competition is fair and enforcement is effective. Regulations will also be removed where businesses have told us that they should cease, and where they are irrelevant.”

The full text of his speech can be found here: http://www.publications.parliament.uk/pa/cm201213/cmhansrd/cm120611/debtext/120611-0003.htm#12061126000200

Picture: David Evennett MP on a visit to Pulp Friction, a recycling firm in Manor Road, Erith, who he named in his speech. He is pictured with Lee Haley (Compliance Manager – left) and Scott O’Brien (Sales Director – right).