Small Businesses

Department for Business, Energy and Industrial Strategy written question – answered on 21st July 2022.

Alert me about debates like this

Photo of Ruth Jones Ruth Jones Shadow Minister (Environment, Food and Rural Affairs)

To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent steps he has taken to prevent a reduction in the number of small businesses in the UK.

Photo of Jane Hunt Jane Hunt Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The Government provides a range of support that all businesses can access. These include information on starting up and running a business on GOV.UK, one to one advice via our free Business Support Helpline and through 38 Growth Hubs across England, government backed Start-Up Loans, and our Help to Grow schemes.

Small businesses will also benefit from the £15 billion of targeted government support to help with the rising cost of living. This brings the total cost of living support measures announced to £37 billion this year. Government has cut fuel duty for 12 months, raised the Employment Allowance to £5,000, and is zero-rating VAT on energy-saving materials. This builds on existing support, including business rates relief worth £7 billion over five years.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.