Labour Party leader Ed Miliband MP speaks at the EEF National Conference 2015

The video discusses the importance of small and medium-sized enterprises (SMEs) in creating future jobs and economic growth. It highlights the need for supportive tax policies, business rate cuts, and banking reforms to aid SMEs. The video also addresses regional economic imbalances and advocates for devolution to enhance local decision-making. Finally, it emphasizes the importance of policy continuity and local enterprise partnerships in fostering regional development.

What is the government's priority for tax cuts to support small businesses?

• Cut and freeze business rates

• Eliminate business rates

• Raise corporation tax

• Increase business rates

What is one of the proposed solutions to improve competition in business banking?

• Introduce a market share cap

• Increase interest rates

• Reduce the number of banks

• Nationalize all banks

What is the purpose of the new British Investment Bank?

• To lend to large corporations

• To centralize banking operations

• To support regional banks lending to businesses

• To increase taxes on SMEs

Why is there a need for decentralization in decision-making according to the speaker?

• To increase taxes in local regions

• To reduce the number of local governments

• To improve local decision-making and economic prosperity

• To centralize power in Westminster

What is one of the historic weaknesses in creating prosperity across Britain?

• Centralized decision-making

• Lack of international trade

• Excessive local governance

• Over-reliance on agriculture