MP for Windsor
Working Hard For You
Windsor MP encourages everyone to let the Government know their view on a 3rd Runway at Heathrow

Adam Afriyie, the MP for Windsor, is encouraging the public to join the collective response by the No 3rd Runway Coalition (N3R Coalition) opposing expansion at Heathrow. The N3R Coalition are an umbrella group representing nearly every major anti-3rd Runway pressure group.

The N3R Coalition is asking members of the public to download and sign a document expressing their opposition to a 3rd Runway at Heathrow. Anyone can let the government know about their concerns by downloading the template here, signing it and emailing it to

Juncker’s speech shows that status quo wasn’t on the ballot paper

One of the curious issues I noticed from the Remain campaign during the EU referendum was that their message about Britain’s potential future in the EU was starkly different from the one coming from Brussels itself.

The Remain campaign vociferously attacked any suggestion that the EU wanted to expand into the Balkans, create an EU Army, shift yet more power away from national governments or threaten the removal of our opt-outs.

Yet this was precisely the content of Jean-Claude Juncker’s state of the union speech yesterday that was greeted to rapturous applause. His points included:

Windsor MP welcomes tax cuts for small businesses

Adam Afriyie, the MP for Windsor, welcomes a raft of new tax cuts for small business that will encourage apprenticeships and investment.

From April small business rate relief has been doubled and the employment allowance for businesses and charities will increase from £2,000 to £3,000. It will offset the cost of the National Living Wage, which is being increased to £7.20 – a 7.5% wage increase for people on lower pay.

Fuel duty has also been frozen for the sixth consecutive year that Conservatives have been in power which has held down the costs of doing business particularly for self-employed mobile workers who make use of vans.


The MP for the Windsor constituency, Adam Afriyie welcomed the figures:

“These policies come from a Conservative Government that is on the side of young people, the lower paid and people who start their own businesses or take up an apprenticeship or, indeed, give something back to the community by taking on an apprentice.

“Small businesses are the backbone of the economy. They have powered Britain’s recovery from Labour’s recession and I sense that our country is back on track.


Note to editors

  1. Adam Afriyie has written at length on education and social mobility. To see his full record please see here and here.
  2. Adam Afriyie has a strong background and interest in science, technology and innovation due to his entrepreneurial background in the IT sector and a variety of posts he has held and/or currently holds, including Shadow Minister for Science, Chairman of the Parliamentary Office of Science and Technology (POST) and President of the Conservative Technology Forum (CTF).
Foreign investment in the UK

Adam Afriyie: To ask the Chancellor of the Exchequer what estimate he has made of the amount of foreign direct investment generated since 2010 as a direct result of the lower rate of corporation tax.

David Gauke (The Financial Secretary to the Treasury): Since 2010, the Government has cut the main rate of corporation tax from 28% to 21%. It will fall further next year, to 20%, giving the UK the joint lowest rate of corporation tax in the G20. The Small Profits Rate has also been cut to 20%.

These cuts are a central part of the Government’s long-term economic plan. They are intended to make the UK more competitive, supporting business investment and job creation.

Government modeling suggests that the corporation tax cuts introduced in this parliament will:

increase business investment by between 2.5% and 4.5% (£3.6bn to £6bn in today’s prices) in the long term

increase GDP by between 0.6% and 0.8% (£9.6bn to £12.2bn in today’s prices) in the long term

Foreign direct investment decisions are influenced by a range of factors including skills, market access, and infrastructure. Consequently, it is difficult to isolate the exact impact of the corporation tax cuts from reform in other areas. But recently published data on inward investment has been very encouraging.

In their 2013/2014 Inward Investment Report, UKTI said ONS data showed the value of FDI stock increased from £725.6 billion in 2010, to £936.5 billion in 2012.

UKTI also reported that the UK attracted more inward investment projects last year than in any year since records began in the 1980s. UKTI recorded 1,773 projects, creating 66,390 new jobs.

This is supported by analysis from Ernst and Young, who use their own independent database to assess inward investment. Ernst and Young’s Annual Attractiveness Survey, published in June, showed the number of inward investment projects in the UK had risen by 15% in the past year, against the background of a European market that grew by just 4%.

As noted above, it is difficult to isolate the impact of tax policy on these trends, and UKTI does not have estimates of how much of the new investment has been a direct result of the lower rate of corporation tax. But it is clear that the corporation tax reforms have changed perceptions of the UK competitiveness. For the past two years, the UK has ranked highest in the KPMG survey on international tax competitiveness, ahead of countries including the US, the Netherlands and Switzerland.


Online business registration rates

Adam Afriyie (Windsor, Conservative): To ask the Secretary of State for Business, Innovation and Skills what assessment he has made of the effect of online business registration on registration rates; and if he will make a statement.

Michael Fallon (The Minister of State, Department for Business, Innovation and Skills; Sevenoaks, Conservative): There is no register covering all businesses in the UK. The Registrar of Companies registers a subset of businesses and provides online registration for those businesses that register as companies or limited liability partnerships. HMRC registers sole traders for tax purposes.

Online incorporation via software filing agents was introduced in July 2001, followed in April 2010 by the launch of the Citizen Incorporation Service via Companies House Webfiling. The number of companies on the register has almost doubled, from 1.66 million at the end of March 2001 to 3.25 million at March 2014. In the financial year 2013-14, 98% of all new companies were incorporated electronically.

Companies House has carried out several studies to identify the main factors contributing to the increasing trend for company incorporations. This is attributed to a number of combined factors, such as the benefits of limited liability, changes to tax legislation and developments in the wider UK economy. There is no indication that the electronic enablement of company registration in itself has acted as a direct driver for the increase in new company registration rates, as just one of the methods the Government has used to help reduce the burden on business and the costs of running a company. This in turn has helped to make the UK one of the best places to set up and run a company.

Electronic services have also enabled Companies House to absorb the significant additional workload resulting from the growing register, make organisational efficiency savings and pass these efficiencies on to customers in the form of lower fees. For incorporation, the UK charges some of the lowest fees in the world.