L

Lord Popat (Con)

Speaking in the House of Lords on 28 January 2026

Debate

UK Start-up Companies

Contribution

My Lords, many SMEs and start-up businesses are facing a challenging time, not just because of high taxation but because they are heavily regulated as well. To open a bank account can take as much as three months, registering VAT takes time and a contract with a lawyer could be as much as 60 pages. Can the Minister give us an assurance that the Government will look into all this? We should genuinely be celebrating wealth creation and help our GDP.

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