Extra £30 million of business Start-Up Loans

The Prime Minister has announced a £30 million boost to Start-Up Loans, which will help create thousands of new businesses and help young people find jobs.New figures show that in the first three months of the scheme, over £1.5 million worth of loans have already been approved, helping nearly 500 new businesses get off the ground. London has received 34 per cent of the loans awarded so far.

New traineeships to give our young people the skills they need

Greg Hands M.P. has welcomed new plans to set up a Traineeship programme for young people.The plans announced by the Skills Minister, Matthew Hancock, will provide young people aged 16 to 24 with tailored support to develop the skills they need to secure apprenticeships and employment. For those aged 16 to 19, the Traineeships would fit within broader study programmes.

Hands: a tax cut for 41,000 people in Chelsea & Fulham

New research has revealed that Conservatives in Government are cutting income tax for 41,366 people in Chelsea & Fulham in 2013. In fact, this April, the Government will lift a further 1,708 local people out of tax altogether.

Census 2011: who we are now

More information from the 2011 Census was published this week, with data provided by local authority areas for the first time. Both Hammersmith & Fulham and Kensington & Chelsea have seen significant changes in the ten years since the last census

Fuel duty increase scrapped

This week, the cancellation of Labour’s fuel duty rise was put into law. It follows George Osborne’s announcement that the Government would cancel the rise scheduled for January 2013. This keeps fuel 10p cheaper than it would have been under Labour’s duty escalator and saves the typical motorist £40.

Boris Bikes are on their way across Chelsea and Fulham

Greg Hands M.P. met officials from Transport for London this week for a full update on the expansion of the Barclays Cycle Hire Scheme. Until now, the only parts of Chelsea and Fulham with docking stations were around Sloane Square and parts of the Fulham Road. Now, all parts of the constituency will be within easy range of the Boris Bikes.

Autumn Statement is great news for London

Greg Hands M.P. has welcomed a range of measures that will help Chelsea, Fulham and the whole of London.As part of an Autumn Statement that showed the deficit is continuing to fall, the Chancellor cut Corporation Tax by a further 1 per cent and increased spending on infrastructure to boost growth. He declared that he wanted to equip Britain for the global race.