London Local Authorities Bill [Lords]

I commend my hon. Friend for being so eagle-eyed; I agree with him wholeheartedly on that point. One of my problems with the Bill, and with this clause, is that they appear to intend to damage small businesses. We are in a terrible economic situation at the moment, and we know that small businesses are the engine of economic growth, so why on earth would the House want to pass measures that appear to have been designed to clobber small businesses? That is completely beyond me. These kinds of extra costs and bureaucracy are meat and drink to big businesses. I used to work for a large multinational company, and although these extra requirements were sometimes an irritation, we could afford to employ legions of people to deal with them. Many small businesses are struggling in the current climate, however, and they do not have the financial capability to deal with all the extra regulation and costs that the Bill seeks to impose on them. There seems to be a mindset that owning a small business is a licence to print money, that everyone who owns one has millions of pounds in the bank doing absolutely nothing, and that it is the job of a local authority to extract as much of that money as possible from them.