Orders of the Day — Budget Resolutions and Economic Situation

Part of the debate – in the House of Commons at 4:42 pm on 23 March 1998.

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Photo of Malcolm Bruce Malcolm Bruce Shadow Spokesperson (Treasury) 4:42, 23 March 1998

The Minister is making a very good point about the need to encourage small and medium-sized businesses. Does she acknowledge that, although the operators in the North sea are large multinational companies, many businesses that supply and service those industries are small and medium-sized? Does she agree that an adverse change in the regime when oil prices are at an all-time low could threaten both the home market and export opportunities for those businesses?