Member

More than 30% of the FTSE is at risk here, and there is potential detriment, which it is estimated has already materialised to the extent of many tens of billions of pounds, to the Government’s desire to support long-term growth and, particularly, sustainable growth. Anything undermining investment in this sector is of significant national consequence, and that is why the Government rightly issued their emergency forbearance. These statutory instruments contain elements of what we were trying to achieve with my Private Member’s Bill, which was supported from all sides of the House, including by the Minister’s Front Bench and fellow Ministers.