The new Liberal Democrat-Conservative coalition government has announced another ministerial appointment, that of Mark Prisk MP, who has been appointed small business minister.
The Tory MP for Hertford and Stortford will be responsible for helping to develop and implement a range of measures to support British small business, and he will report directly to his fellow Liberal Democrat minister for Business, Innovation and Skills Vince Cable.
The new government has indicated it aims to reduce taxes on businesses, and to introduce a new loan guarantee scheme for firms that cannot secure commercial credit without government help. The appointment of Mr Prisk has been welcomed. Mr Prisk has personal experience relevant to his appointment, having set up his own firm during the recession of the 1990s, and he believes he has suitable experience for the role.
The new minister told the Telegraph during the election campaign: “What I am hearing from small businesses is ‘Get off our backs and let us get on with the job.”
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