Chris Philp, Conservative Parliamentary Candidate for Croydon South
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The Budget and Croydon South
17/03/2016 10:00:00

 
 

This morning’s job figures show that the economic plan is working for Croydon. The number of jobseekers has fallen by 5,015 or 51% over the last 5 years in Croydon. The number of young unemployed (aged 18-24) has fallen by an incredible 62% or 1,480.  Unemployment in Croydon has halved in the last 5 years to just 2.5%, which is half the national average.

I was in the Chamber today to hear the Chancellor present a budget that continues the plan that has delivered these fantastic results for Croydon.

Nationally, the number of people in work is now at a record high of 31.42 million. This is up nearly half a million from this time last year.

It is a very positive sign for the local economy in Croydon that the level of unemployment is steadily decreasing over a period of over 5 years.

I also welcome the Chancellor’s announcement that the threshold for small business rate relief will rise from £6,000 to £15,000. The threshold for higher rate of business rates will also rise from £18,000 to £51,000.

This change in business rates is excellent news for shops and small businesses in Croydon. It will mean hundreds of shops and small businesses pay no business rates so they have more money to grow their companies and flourish as entrepreneurs.

From April next year, 600,000 small businesses nationally will pay no business rates at all. That’s an annual saving for them of up to nearly £6,000.

 

 

 More Blog Posts
12/09/2017
Interview on BBC Daily Politics  Read Story
12/09/2017
My speech in the EU withdrawal bill  Read Story
12/09/2017
My speech in the EU withdrawal bill  Read Story
06/09/2017
Chris' Question to the Prime Minister  Read Story
04/09/2017
Ofsted finds Croydon Council putting local children at risk of “significant harm”  Read Story
10/08/2017
Coulsdon Cottages - Saved!!!  Read Story
07/08/2017
Petition: Stop the destruction of Coulsdon's heritage  Read Story
24/07/2017
School Funding  Read Story
14/07/2017
Southern Rail LATEST - Government fine GTR millions and Aslef strike  Read Story
05/07/2017
WATCH - My speech at the Southern Rail debate  Read Story

Full list of blog posts here

 


Chris Philp, 36 Brighton Road, CR8 2LG, Tel       © Chris Philp  2017      

Promoted by Ian Parker on behalf of Chris Philp, both at 36 Brighton Road, Purley, CR8 2LG