We should have today an official Command Paper published by the Government setting out the views of the Parties on how to end the current unfairness of Scottish MP’s ( or more accurately MP’s representing Scottish MP’s )being able to vote on matters on England but MP’s representing English constituencies can not vote on matters which affect Scotland. This is the product of the devolution of powers to the Scottish Parliament. Sometimes it is referred to the West Lothian question as the problem was first highlighted by the MP for West Lothian.
It is clear there is no easy answer but the current situation is quite obviously inequitable and the sooner the nettle is grasped the better.
In the Budget the Chancellor revolutionised the pensions market by giving millions of pensioners who had carefully saved for their retirement the freedom to decide for themselves how to spend their pension savings. Now in the Autumn Statement the Chancellor has improved Stamp Duty by taking action that quite frankly should have been taken years ago, Until the Autumn Statement the system meant that the whole purchase price was taxed at a given rate if it exceeded a certain figure by even £1. This system distorted the market meaning people whose property was valued at around a changing point for Stamp Duty would do all they could do stop their property being charged the higher rate of duty. Now Stamp Duty operates like Income Tax with a nil rate band and each higher band being taxed at a set rate. This means that in the North West just 3 people in a thousand will pay more tax and 997 out of a thousand will pay the same or less tax.
Yesterday evening I attended the launch of the Report from the Nuisance Calls and Texts Task Force on Consent and Lead Generation which was convened by Which? (the consumers organisation).
I have become increasingly concerned about the number of complaints I receive from people who are upset at the number of unwanted marketing calls they receive. I entirely support the ability of businesses to be able to contact people by telephone but individuals should be able to opt out of receiving these calls. There is no easy answer to this problem and both Parliament and Government has been looking at it for some time
The Task Force was established at the Request of the Department of Culture, Media and Sport in March of this year. The Report contains a number of recommendations for businesses, trade bodies and regulators. More information can be found here
It is great that throughout the UK we will be celebrating the role of small businesses in our society today. Whilst the ups and downs of the largest companies fill the business pages of the daily papers it is all the thousands of small businesses which are the life blood of our economy.
As someone who worked in a small business for over 25 years and indeed ran one for 16 years I know the problems small businesses face. It is important that their concerns are listened to and acted on by Government. New rules and regulations are often more difficult for a small business to cope with. The impact of business rates can be a real threat to the existence of some small business and the help on this front announced in this weeks Autumn Statement will be warmly welcomed, especially news that there is to be a complete review of the system of business rates.
We all have a role to play in helping small businesses by shopping locally and employing local tradesmen and professionals. Small Business Saturday is a great way to remind ourselves of the value of our local small businesses. Use them or lose them!
This week’s Autumn Statement has confirmed that our economy is growing. In fact the independent Office for Budget Responsibility has upgraded its forecast for growth in the current year from 2.7% to 3%.The UK now has the fastest growing economy of any of the major advanced economies in the World. Unemployment is falling and inflation is low and expected to remain low.
Of course crystal ball gazing when it comes to the economy is always a tricky task. There are so many variables. The deficit is still too large that is to say the Government is still spending more each year than it collects . Each year the shortfall gets added to the nations debts. In essence we are spending money today that we are expecting our children and grandchildren to repay. that is why it is essential we finish the task we have begun.
The Autumn Statement covered many areas of great importance not least was the revolution in stamp duty the tax we pay when we buy a house. from midnight last night 98% of all homebuyers will pay less tax and in Bury it will be virtually every home buyer.
Great news that Elton Sailing Club is to receive £35,533 from Sport England’s Inspired Facilities Fund to upgrade the facilities and utilities of the club. The improvements include new changing rooms throughout, new toilets, showers and replacement of lighting throughout the club.
David Smith Elton’s Club Commodore has said: “We are delighted to have secured this investment, which means we can upgrade the quality of our premises to attract more people to sail at Elton Sailing Club. It is the cornerstone of our strategy to increase the participation of local people of all ages in the sport of sailing, and build on the legacy of the 2012 Olympics.”
Applying for funding from the Inspired Facilities Fund has never been easier based on feedback from previous applicants it is now an open programme which means you can submit applications as soon as they are ready rather than being restricted by a specific deadline. Find out more at www.sportengland.org/inspiredfacilities
David with ISSL Director Lisa Spann
Last week I paid a visit to ISSL are a small Bury based business specialising in website design and many other internet related services. They are looking to recruit a new apprentice studying and working towards a Level 3 NVQ in marketing with excellent English skills. ISSL have recently moved to Bury from Rossendale so it is encouraging to see new jobs being brought into the town.