Department for Business and Trade written question – answered at on 12 June 2026.
Shivani Raja
Conservative, Leicester East
To ask the Secretary of State for Business and Trade, what assessment the Government has made of the potential impact of differential per capita funding levels between devolved and non-devolved regions on small and medium-sized enterprises considering business location decisions.
Blair McDougall
Parliamentary Under-Secretary of State (Department for Business and Trade)
The Government’s Industrial Strategy sets out a long-term plan to support growth across the UK. Delivering the Industrial Strategy, regulatory reform and other steps will help to ensure the UK remains competitive, delivers long-term sustainable growth and that its economic fundamentals remain strong.
To assist all Growth Hubs in long-term planning, we will establish indicative multi- year core funding budgets for 2026-29 and provide flexibility to accommodate local government reorganisation. This funding will form part of the Integrated Settlement in Established Mayoral Strategic Authorities, per our commitment in the English Devolution white paper.
Secretary of State was originally the title given to the two officials who conducted the Royal Correspondence under Elizabeth I. Now it is the title held by some of the more important Government Ministers, for example the Secretary of State for Foreign Affairs.
A document issued by the Government laying out its policy, or proposed policy, on a topic of current concern.Although a white paper may occasion consultation as to the details of new legislation, it does signify a clear intention on the part of a government to pass new law. This is a contrast with green papers, which are issued less frequently, are more open-ended and may merely propose a strategy to be implemented in the details of other legislation.
More from wikipedia here: http://en.wikipedia.org/wiki/White_paper
