M
Member
Speaking in the House of Lords on 25 February 2025
Debate
National Insurance Contributions (Secondary Class 1 Contributions) BillContribution
I now turn to Amendment 17, from the noble Lord, Lord Londesborough, which I wholeheartedly support and have put my name to. As noble Lords know, small business is close to my heart because it is at the entrepreneurial heart of the economy, as my noble friend Lord Elliott explained. The Federation of Small Businesses feedback mentioned by the noble Lord, Lord Londesborough, was particularly concerning. I was also pleased to hear from my noble friend Lord Hodgson, from his practical business perspective that we have benefited so much from over the years, about the desperate need for cash in some of these smaller enterprises. That certainly echoes my own experience.
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