Small Businesses

Part of Oral Answers to Questions — Industry – in the House of Commons at 12:00 am on 23 July 1979.

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Photo of Mr Timothy Renton Mr Timothy Renton , Mid Sussex 12:00, 23 July 1979

Does not my right hon. Friend agree that, in order to encourage small businesses, it is really unnecessary to create any more new institutions for the purpose, but that it is necessary to encourage private investors—managers, employees, partners, members of the family—to provide risk capital for small new businesses? If my right hon. Friend agrees, how does he propose to cause this to happen?