Top businesses across Brecon & Radnorshire met with the Lib Dem Secretary of State for Business, Innovation and Skills Vince Cable MP. Raising the VAT threshold was at the top of the agenda for many hoteliers and restaurant owners.
Vince Cable joined local Welsh Lib Dem MP Roger Williams at the meeting with local micro, small and medium enterprises, where they were told how the Liberal Democrats in Government can continue to rebalance the UK economy by supporting small business owners in mid Wales.
Roger Williams, the Welsh Liberal Democrat MP for Brecon & Radnorshire, said:
“Small businesses are the backbone of our communities here in Brecon & Radnorshire. In Government the Liberal Democrats have made it a priority to make this recovery about jobs. This is why I have supported measures such as cutting Employer National Insurance Contributions worth £3.1 million and exemptions for contributions for employees under 21 supporting 4,870 young people’s jobs an investment of £15million.
“This is a total investment of more than £18million to support micro, small and medium enterprise helping them grow and create jobs across Brecon & Radnorshire. It is clear we can go much further to support these businesses, and more can be done to reduce the tax burden VAT poses for many small businesses who wish to grow and expand.”