I think that there is a correlation between what we have heard so far today and some of the Committee’s debates. The Committee was particularly well informed, because the draft Bill had been published some time earlier, and because we received many submissions, about which I shall say more shortly. What we have heard from Opposition Members this afternoon in decrying this Bill is a reminder to the House and the nation of their illiterate economic approach and why so much in the past has gone wrong in relation to regulation and lack of support for businesses in particular.
My support for this Bill is absolutely fundamental. It is about jobs, growth and deregulation. Over 80% of my constituents are employed by SMEs. These SMEs are the backbone not just of my local economy in Witham but obviously of Essex and the eastern region, which is a very sizeable net contributor to Her Majesty’s Treasury.
Those SMEs and my constituents who are employed by them welcome this Deregulation Bill because they know that it will transform the landscape for them when it comes to doing business, removing so many of the obstacles and burdens of red tape that have stifled them. My hon. Friend the Member for Macclesfield (David Rutley) talked about the swamp of regulation. That is exactly it. We have to move on; we have to drain the swamp and get rid of the burden of regulation across every level that affects SMEs, whether that involves local authorities, county councils or health and safety bodies. These are the barriers we have to remove to enable businesses not just to thrive and grow, but to have that even playing field.