Dr Ben Spencer

I pay tribute to the opening speeches from the hon. Members for Bradford West (Naz Shah) and for Harlow (Chris Vince). However, context is key. The backdrop to the Gracious Speech is a Labour party engaged in open warfare—we heard something of that in earlier speeches—and a huge amount of uncertainty over what will happen in relation to the leadership of the Labour party and the current Prime Minister, and that uncertainty is playing out in the financial markets. The message that I want to convey to Labour Members is this: “Whatever you are going to do, please just do it quickly, because we need to move on.” The country needs leadership, and there are a great many important things that we need to be getting on with. As Labour Members are mulling over their options, I want to give the House some feedback from my constituency on a couple of issues affecting its residents. The message from the constituency is that small and medium enterprise is the backbone of our economy, but it is now under intolerable pressure. Let me give a couple of examples. I received a letter from One Cobham—a business improvement district covering Cobham, in my constituency—which was co-signed by 50 other BID members, that raised the issue of business rates in particular, but also rises in rent, wages and utility costs. Two companies have already gone bust recently, and this is putting intolerable pressure on the high street and individual businesses.