Member

There is another impact. Thinking back to meeting that payroll at the end of the month, I say that it is not just the national insurance but also that the payroll has gone up because of the national minimum wage. Where will that money come from in a market that is dead and where growth has ground to a halt? We hear about the £20 billion black hole and all the mistakes the previous Government made, but we are where we are now. I find it difficult to understand how small businesses can cope with that, on top of more coming down the line—