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Lord Leong (Lab)

Speaking in the House of Lords on 4 December 2024

Debate

UK Entrepreneurs

Contribution

My Lords, I am afraid that I do not agree. Are we saying that entrepreneurs, before starting a business, will ask themselves, “Am I not going to invest and start a business because national insurance has gone up?” No, they will not. They know that this country is still the best place to start a business. This country is the start-up capital of Europe and attracts the best people to start their businesses here—and it is best place to start them now.

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