Context
Rebecca Smith questioned the potential negative impact on employment in Wales due to an increase in employer national insurance contributions. She cited specific challenges faced by businesses, particularly Serpells.
Question
Businesses across Wales and South West Devon are being hit not only by Labour’s job tax but also by increasing minimum wage, rising costs, and other business taxes. These factors force many to reduce their workforce; what reassurances can the Minister give to businesses in Wales that they have a promising future?
Answer from The Secretary of State for Wales (Jo Stevens)
Small and micro businesses in Wales are being supported through an employment allowance increased to £10,500. Over half of small and medium-sized companies will pay less or no national insurance contributions at all due to this allowance. Furthermore, the Welsh Government’s education budget was voted against by Rebecca Smith's party.
Not addressed: The Secretary of State did not directly address the specific economic challenges raised by Rebecca Smith and did not provide concrete reassurances for businesses' future under current policies.
How: Changed Subject To Previous Votes Against Welsh Budget, Referred Back To Employment Allowance
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