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Sunday, June 4, 2023

Highland MP Challenges UK Government on Cuts to Business Support

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Drew Hendry MP has criticised the UK Government during a session in the House of Commons over the decision to cut support for businesses for energy costs.

The SNP MP has said that businesses face a renewed threat from rising energy bills and inflationary pressures as the UK government fails to get a grip of its own economic mismanagement.

The UK government has announced significant cuts to the levels of support businesses receive, with changes taking place in March.

The Inverness, Nairn, Badenoch and Strathspey MP chose to highlight the hospitality sector as an example, noting that it was not unusual for these businesses to face bills of up to £15,000 per month.

Commenting, Drew Hendry MP said:

“The Tories like to paint themselves as the financially responsible party, the truth is now laid bare for all to see.

“For every business that folds, the treasury will lose all the money generated through business-associated taxes, as well as PAYE from employees.

“In the same breath, they announce a cut to support whilst also describing the hospitality sector as ‘vulnerable,’ how can that make any sense?

“It is a fact that rises of 400%-500% are sadly the norm for these businesses.

“Energy bills alone have skyrocketed to £10,000 to £15,000 a month, and in many cases, even more.

“Support of £191 a month in these circumstances is an insult and will lead to many more businesses falling victim to the Tory-made cost-of-living crisis.”

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