Business Confidence 2024-12-12
2024-12-12
TAGS
Response quality
Questions & Answers
Q1
Partial Answer
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Context
Business leaders in Solihull West and Shirley are concerned about the impact of recent decisions on taxation and the Employment Rights Bill.
After the Budget, I spoke with many business leaders who told me they are pausing recruitment and freezing growth plans. What does the Secretary of State say to businesses that no longer have confidence in the Government?
The Conservative party made promises without a plan, while we fix foundations and improve the business environment through political stability, openness to the EU, and willingness to use our mandate.
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Assessment & feedback
Did not directly address what message will be given to businesses feeling abandoned by government policies.
Changing Subject
Response accuracy
Q2
Direct Answer
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Context
Companies in the west midlands are affected by retrospective charging of steel safeguarding duties, imposed during the chaotic Brexit transition period.
Will the Minister work with the Treasury to resolve the issue and ensure that businesses are protected from hefty bills they should not have been sent?
The duties relate to taxation during a period of political uncertainty. We will get her the meeting she needs and ensure that she gets answers for her constituents.
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Assessment & feedback
Response accuracy
Q3
Partial Answer
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Context
The Bank of England's survey indicates that many employers expect lower profit margins, higher prices, reduced employment, and lower wages due to the Budget.
Will the Secretary of State show contrition for low business confidence, admit errors, and start standing up for business rather than Treasury?
The Government are addressing issues, unlike the previous government which mishandled Brexit and increased corporation tax. We engage with reality and get on with the job.
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Assessment & feedback
Did not address showing contrition for low business confidence.
Changing Subject
Response accuracy
Q4
Partial Answer
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Context
Evidence from the Employment Rights Bill Committee indicates a reduced hiring appetite due to proposed legislation.
If business confidence is low, employment goes down. Is it extreme for this Labour Government to legislate for that outcome?
The majority of employers already operate at a higher standard than proposed in the bill. The reforms will benefit vulnerable and low-paid members of society.
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Assessment & feedback
Did not address whether it is extreme to legislate for lower employment due to the Employment Rights Bill.
Changing Subject
Response accuracy