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1562998

registered interest
date	19/12/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Warwick and Leamington
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many SMEs in Warwick and Leamington constituency have received Government funding for support during the cost of living crisis.
tabling member constituency	Warwick and Leamington
tabling member printed	Matt Western
uin	113317
answer	answer is ministerial correction date of answer 12/01/2023 answer text <p>The Government recognises the impact rising prices are having on businesses, including those in Warwick and Leamington.</p><p> </p><p>Businesses in Warwick and Leamington will have benefitted from the Government’s reversal of the National Insurance rise, saving SMEs on average £4,200, cut fuel duty for 12 months and the Energy Bill Relief Scheme, to protect SMEs from high energy costs over the winter. The Employment Allowance was increased to £5,000 from April and we have continued to provide business rate relief worth over £7bn, freezing the business rates multiplier for a further year.</p><p> </p><p>The Government is providing financial support – 142 SMEs in Warwick and Leamington have received Start Up Loans to the value of £1,487,362 as of November 2022.</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 12/01/2023 11:48:42 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4617 label Biography information for Matt Western

1562999

registered interest
date	19/12/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Business: Warwick and Leamington
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with businesses in Warwick and Leamington constituency on the potential impact of the cost of living crisis on those businesses.
tabling member constituency	Warwick and Leamington
tabling member printed	Matt Western
uin	113318
answer	answer is ministerial correction date of answer 12/01/2023 answer text <p>The Government recognises the impact rising prices are having on businesses, including those in Warwick and Leamington.</p><p> </p><p>The Government has reversed the National Insurance rise, saving SMEs £4,200 on average, cut fuel duty for 12 months and brought in the Energy Bill Relief Scheme, which is shielding businesses across the country from soaring energy prices, saving some around half of their wholesale energy costs. The Employment Allowance was increased to £5,000 from April and we have continued to provide business rate relief worth over £7bn, freezing the business rates multiplier for a further year.</p><p> </p><p>We have also announced £13.6 billion of support for businesses over the next five years, reducing the burden of business rates for SMEs.</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 12/01/2023 11:48:50 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4617 label Biography information for Matt Western