Topical Questions

Part of Business, Innovation and Skills – in the House of Commons at 10:30 am on 8 July 2010.

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Photo of Toby Perkins Toby Perkins Labour, Chesterfield 10:30, 8 July 2010

The Secretary of State will be aware that of all the important things for small businesses, the most important of all is that people have enough money to buy their products. In that light, what impact does he think the increase in VAT will have, particularly on the retail sector, which relies so much on people having the money to purchase products?