Business and Economy

Mel's background is in entrepreneurship - he started his own business from scratch and grew it for 20 years both in the UK and abroad before being elected to Parliament in 2010.

He has provided help or support to hundreds of local businesses as an MP and as a treasury minister he was instrumental in reducing business rates for the majority of small high street traders by a third.

In 2015 Mel received an award from the British Beer & Pub Association, Campaign for Real Ale and the Society of Independent Brewers in 2015 for his contribution to scrapping the beer duty escalator - a major coup for the pub industry. He has partnered with Google to bring free digital skills training to Central Devon, has been a major supporter of local post offices and has worked with Connecting Devon and Somerset and other organisations to improve rural broadband coverage in Central Devon to help rural businesses.

Mel helped to lead the successful campaign for a regular passenger rail service between Okehampton and Exeter via Crediton, which launched in November 2021. It has since deliverd a much-needed economic boost to businesses in and around Okehampton.

As Chair of the House of Commons Treasury Select Committee Mel has played a key role in scrutinising the Government’s support measures for businesses during the coronavirus pandemic. The committee was successful in pressing for greater support for the self-employed and for workers on maternity or paternity pay that returned to work after cut-off dates for support schemes.

News

Plan for Jobs

The Chancellor has announced £30 billion of emergency spending to stave off mass unemployment in the wake of the coronavirus pandemic.

FURLOUGH FLEXIBILITY GOOD NEWS FOR NEW PARENTS SAYS MP

CENTRAL DEVON MP Mel Stride has welcomed the announcement from HM Treasury that workers on paternity and maternity leave who return to work in the coming months will be eligible for the government’s furlough scheme.

MP WELCOMES EXTENSION OF SELF-EMPLOYMENT INCOME SUPPORT SCHEME

CENTRAL DEVON MP Mel Stride has welcomed the Government’s decision to extend the Self-Employment Income Support Scheme (SEISS), giving more security to individuals whose livelihoods are adversely affected by coronavirus in the coming months.

Getting the economy through the crisis

The spread of coronavirus is rightly a health issue first and foremost, however the role of the Treasury Select Committee (which I chair) is to consider its economic impact and to scrutinise the steps the Government is taking to support businesses here in Devon and across the country.  What's