It is a pleasure to serve under your chairship, Mrs Barker. I thank the hon. Member for North East Hampshire for raising this issue today and for bringing representatives of businesses in her constituency to Parliament. The Government prioritises growth, being the fastest growing economy in the G7 in the first half of the year. Small and medium-sized businesses are central to this ambition, creating jobs, supporting local economies, and driving better living standards. Sustainable economic growth depends on stable public finances, necessitating fiscal discipline. The Government have taken decisions on tax, welfare, and spending to repair public finances, protect economic stability, and fund public services. Changes to employer national insurance contributions were introduced from April 2025, with the employment allowance more than doubled to £10,500, benefiting around 900,000 employers, or 40%, and around 2,300 employers in North East Hampshire alone. The employment allowance was worth around £7.4 billion in the last tax year. Businesses can claim employer national insurance contribution reliefs, including for under-21s and under-25 apprentices, worth around £2.5 billion a year. The UK's 5.7 million small and medium-sized enterprises are central to growth across the country, and the Government are backing them to succeed, supporting entrepreneurship and helping people to live well in every part of the country.