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<p>Following my rt. hon. Friend the Prime Minister’s agreement to an extension to
Article 50 until October 31 2019, we will continue to provide businesses with the
information and advice they need to prepare for EU Exit.</p><p>Extensive engagement
will continue to take place between Government and industry in preparation for EU
exit. Through various channels, BEIS Ministers and officials have been engaging widely
with businesses and trade associations each week on EU Exit. In particular, our communications
and provision of materials to intermediaries is provided to ensure business obtain
information quickly and efficiently.</p><p>We will continue to use the public information
campaign which directs businesses to GOV.UK/euexit where they are able to find the
latest advice and information on many aspects of leaving the EU that may affect them
and outlines the steps they need to take.</p><p>We recognise the uncertainty that
businesses have expressed and we are committed to maintaining and improving the excellent
UK business environment. The British Business Bank programmes are supporting more
than £5.9 billion of finance to over 82,000 smaller businesses.</p><p>Further, at
Budget 2018, the Start-up Loans programme was extended by one year to April 2021 meaning
that another 10,000 loans will be made to entrepreneurs. We are also currently taking
action to reduce the costs of doing business, including cutting corporation tax to
19%.</p><p>Businesses can also apply for HMRC grants, depending on their circumstances
to support private customs intermediaries, and traders to increase their capacities,
and train employees in preparation for EU exit. Business can apply for this funding
from HMRC until 31 May 2019.</p>
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