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Financial support for jobs and businesses

A national lockdown is not cost-free; like many, I am concerned that England’s new restrictions may potentially harm lives, livelihoods and mental health. Though I voted no in the motion which approved England’s second national lockdown, we must comply. To support these restrictions the Government have announced: An extension to the Coronavirus Job Retention Scheme until the end of March Eligible employees will receive 80% of their usual salary for hours not worked, up to a maximum of £2,500 There […]

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‘Buy the Best, Buy British, Save Jobs’ Furniture Campaign

On Saturday, the British Furniture Confederation (BFC) launched its Buy the Best, Buy British, Save Jobs Campaign. Its aim is to encourage the British public to seek out British-made goods when they shop this autumn.  It is crucial the furniture sector thrives to support the economy. With British furniture factories closed, or with reduced working due to the pandemic, manufacturers expect sales are down. Worse still, around half of British manufacturers believe they may be forced to make some redundancies or see […]

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The EU isn’t working

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It is increasingly clear that the EU isn’t working for its members. Much has been claimed about the importance of the EU for creating and preserving jobs in the UK. Unemployment in the UK is currently at 5 percent, compared with the EU’s 8.9 percent and the Eurozone’s 10.3 percent. The EU is not working. With a youth unemployment rate of 19.4 percent compared with the UK’s 13.6 percent, the EU is particularly failing its young citizens, especially those in southern countries: […]

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Unemployment in Wycombe continues to fall

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This morning, I received the great news that the number of claimants for Jobseekers’ Allowance and Universal Credit is continuing to fall. The total number of unemployed claimants in Wycombe constituency in March 2016 was 907, compared with 956 one month earlier and 1064 one year earlier. This represents a rate of 1.6% of the economically active population aged 16 to 64, giving Wycombe one on the lowest claimant rates in the UK. The equivalent UK claimant rate was 2.5%. This […]

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Work Programme update

The latest figures from the Government’s Work Programme are now available. The positive data show that the Programme continues to support the long term unemployed into meaningful employment: More than 208,000 of our hardest to help jobseekers have escaped long term unemployment and found lasting work – normally at least six months – an increase of 40,000 in the three months since the last publication in June. That’s 208,000 more people in work – meaning money in their pockets and a more secure future […]

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Does Government Create Jobs?

Another superb video from LearnLiberty, Does Government Create Jobs: Related reading: Kirzner, How Markets Work

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Encouraging economic data in Bucks

In its Annual Survery of Hours and Earnings, the Office of National Statistics recently published some very encouraging economic data regarding the Buckinghamshire area: Median full-time earnings for those working in Buckinghamshire rose by 2.0 per cent in 2012 to stand at £28,581, a rate of increase well above the 1.2 per cent recorded across the country as a whole; Buckinghamshire and all its districts continue to have residence based earnings above the national and South East levels, ranking 2nd […]

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Better Business Finance

Better Business Finance (BBF) gives help and support to businesses looking to raise finance. This initiative is supported by The British Bankers’ Association (BBA) as well as Barclays, HSBC, RBS, Lloyds and Santander. The BBF was created to put into practice the 17 recommendations of the Business Finance Taskforce that intends to add further momentum to existing initiatives to improve banks’ relationships with business, to ensure better access to finance and to promote understanding of the needs of businesses. The […]

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Give the Games industry a (tax) break

NB: this post is by Tim Hewish, my Parliamentary Assistant, and the views expressed are his own. Jim McGovern, Labour MP for Dundee, called a Westminster Hall debate to address the growing disparity between the UK and other nations on the latter’s favourable tax credits towards the video games industry. The UK has a long history of innovative creative industries; video games are one such platform: from Rareware and Eidos to Media Molecule and Rockstar Games. Currently, what we are […]

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Wycombe Business Expo

In this video I give my views on the business prospects of Wycombe as well as lending my support to the Wycombe Business Expo. I will be publishing a video each day leading up to the event. Scheduled to happen every year, the first Wycombe Business Expo is on Thursday 28th October 2010 at the new Cressex Community School in High Wycombe. Please go to www.WycombeBusinessExpo.com for more information and also www.MakingBucks.co.uk

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