Essential that initiatives like Start-Up loans delivered effectively - Umunna

3 January 2013

Chuka UmunnaChuka Umunna MP, Labour’s Shadow Business Secretary, commenting on the expansion of the Start-Up loans scheme, said:

“With our economy flat-lining it’s essential that initiatives like the Start-Up loans scheme are delivered effectively if they are to provide real opportunities for our young entrepreneurs. That’s why it was disappointing that figures released at the end of last year suggested delivery of this scheme, like so many others from this Government, was not living up to David Cameron’s rhetoric.

“As Ed Miliband said in his New Year message, building a One Nation economy means supporting the small businesses and entrepreneurs that have been let down by this out of touch Tory-led Government”.