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1156419
registered interest false more like this
date remove maximum value filtermore like thismore than 2019-10-25
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Business: Disadvantaged more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent steps she has taken to support the development of businesses in deprived communities. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson remove filter
uin 5432 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-11-05more like thismore than 2019-11-05
answer text <p>Across the UK, the Government-backed British Business Bank (the Bank) seeks to increase the supply of finance for smaller businesses and to reduce regional disparities in access to finance. The Bank’s programmes are currently supporting over £6.6 billion of finance to over 89,000 SMEs (as at June 2019). And through the Bank's Enterprise Finance Guarantee (EFG) there is currently approximately £300mn of headroom available to lenders this financial year. There is also approximately £1bn of guarantee headroom currently available to lenders under the Bank's ENABLE Guarantee programme.</p><p>Government has also supported and invested in the creation of a network of 38 Growth Hubs in England – one in each Local Enterprise Partnership area) – to provide a free, impartial, single point of local contact to all businesses, no matter their size or sector, to access advice and support across the public and private sector: in 2018-2019 Growth Hubs in England supported over 121,500 businesses. At the end of FY18/19, Government had invested £56.4 million in Growth Hubs that helped over 9,500 individuals start a business achieving an average customer satisfaction rate of 81.45%.</p><p>Businesses in England can also access business support through GOV.UK, and the National Business Support Helpline.</p><p>Since Budget 2016, the Government has announced reductions to business rates worth more than £13 billion until 2021.</p><p>My rt. hon. Friend the Prime Minister has announced a £3.6 billion Towns Fund, including £1 billion for an accelerated Future High Streets Fund. Last year the Government also made a number of announcements to support High Street businesses:</p><ul><li>cutting the business rates bills of retailers by one third until April 2021 for properties with a rateable value below £51,000;</li><li>potential for up to 90% of retail properties in England to be eligible for the retail discount, worth almost £900m to businesses over two years; and</li><li>potential for retail discount to help a retailer save up to £8,000 off their 2019-20 bill.</li></ul><p> </p><p>At Autumn Budget 2018, HM Treasury announced that the VAT threshold will be maintained at the current level of £85,000 until April 2022. The VAT threshold is the highest in the EU and the OECD. It keeps an estimated over 3.55 million small businesses out of VAT.</p>
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2019-11-05T14:19:47.187Zmore like thismore than 2019-11-05T14:19:47.187Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
previous answer version
2862
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst remove filter
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
1156420
registered interest false more like this
date remove maximum value filtermore like thismore than 2019-10-25
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Social Enterprises more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment she has made of the implications for her policies of the findings of the global perception poll conducted by the Thomson Reuters Foundation that the UK has fallen from third to 13th place since 2016 in the list of the best places to be a social entrepreneur. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson remove filter
uin 5433 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-10-31more like thismore than 2019-10-31
answer text <p>The Government welcomes the contribution which social enterprises make to local growth and prosperity in our communities up and down the country. The UK’s company law framework allows for a variety of business forms, in part to suit those adopting social or environmental purposes, and we will continue to look at what more can be done to support social entrepreneurship in the UK.</p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2019-10-31T08:22:03.173Zmore like thismore than 2019-10-31T08:22:03.173Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
previous answer version
2867
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst remove filter
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
1156198
registered interest false more like this
date less than 2019-10-24more like thismore than 2019-10-24
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading New Businesses: Government Assistance more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps she has taken to support (a) women and (b) people from ethnic minorities that want to set up businesses. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson remove filter
uin 5002 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-10-30more like thismore than 2019-10-30
answer text <p>The UK is one of the best places in the world to start and grow a business. Government is committed to supporting all entrepreneurs, whatever their background, to have the opportunity to make their business ideas a reality.</p><p>We provide support to all entrepreneurs to set up businesses through our online services on GOV.UK, the Business Support Helpline, and the network of 38 local Growth Hubs across England. In 2018, 47% of the Business Support Helpline’s callers were women.</p><p>We have been working closely with HM Treasury and industry to implement the eight initiatives from the Alison Rose Review of Female Entrepreneurship, to tackle the barriers faced by women when starting and scaling a business. We have set an ambition to increase the number of female entrepreneurs by half by 2030 – equivalent to an additional 600,000 female entrepreneurs.</p><p>The British Business Bank’s Start-Up Loans Programme provides funding and intensive support to new entrepreneurs, and has delivered over 67,000 loans, worth over £534m since it began in 2012 (as at end-September 2019). 40% of Start Up Loans have gone to women – worth over £198m. 20% of Start Up Loans have gone to BAME entrepreneurs – worth over £100m.</p><p>BEIS has also launched an independent review into Young Entrepreneurship, led by the Prince’s Trust, that seeks to better understand young entrepreneurs, including young female and ethnic minority entrepreneurs, the specific barriers and opportunities they face – such as access to finance, and networks - and what more can be done to support them to start and grow a business.</p>
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2019-10-30T16:32:03.23Zmore like thismore than 2019-10-30T16:32:03.23Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
previous answer version
2600
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst remove filter
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
1156199
registered interest false more like this
date less than 2019-10-24more like thismore than 2019-10-24
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Civil Society more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps she has taken to promote (a) social enterprise and (b) other alternative forms of business. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson remove filter
uin 5003 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-10-30more like thismore than 2019-10-30
answer text <p>The Government welcomes the contribution which social enterprises make to local growth and prosperity in our communities up and down the country. The UK’s company law framework allows for a variety of business forms, in part to suit those adopting social or environmental purposes.</p><p> </p><p>We welcome the growth of purposeful businesses and have taken steps to encourage and enable this trend. The Government encouraged the business-led development of ‘Purposely’, a tool to help social entrepreneurs embed purpose into their businesses using the flexibility provided in the Companies Act; it also established the Inclusive Economy Partnership to harness the power of business as a force for good in our society; and it has supported the new Impact Investing Institute to grow social investment.</p><p> </p><p>Community Interest Companies (CICs) are a huge success story. They are delivering benefits to more and more of our communities right across the UK. CICs have grown exponentially since 2005. There are now over 17,000 now on the public register. They are promoted by the Regulator of Community Interest Companies, which is an independent statutory office holder appointed by my rt. hon. Friend the Secretary of State.</p><p> </p><p>The UK’s corporate governance framework has been updated to promote purpose in businesses. The UK’s Corporate Governance Code was revised, with effect from 1 January 2019, to promote the importance of having a clear corporate purpose. The Governance Principles for Large Private Companies developed last year by Sir James Wates do the same. Company reporting requirements, also introduced this year, now require companies to report how they have regard to wider societal interests within the meaning of Section 172 of the Companies Act.</p>
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
grouped question UIN
5004 more like this
5005 more like this
question first answered
less than 2019-10-30T16:53:08.67Zmore like thismore than 2019-10-30T16:53:08.67Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
previous answer version
2601
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst remove filter
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
1156201
registered interest false more like this
date less than 2019-10-24more like thismore than 2019-10-24
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Community Interest Companies more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps she has taken to promote community interest companies as a form of business. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson remove filter
uin 5004 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-10-30more like thismore than 2019-10-30
answer text <p>The Government welcomes the contribution which social enterprises make to local growth and prosperity in our communities up and down the country. The UK’s company law framework allows for a variety of business forms, in part to suit those adopting social or environmental purposes.</p><p> </p><p>We welcome the growth of purposeful businesses and have taken steps to encourage and enable this trend. The Government encouraged the business-led development of ‘Purposely’, a tool to help social entrepreneurs embed purpose into their businesses using the flexibility provided in the Companies Act; it also established the Inclusive Economy Partnership to harness the power of business as a force for good in our society; and it has supported the new Impact Investing Institute to grow social investment.</p><p> </p><p>Community Interest Companies (CICs) are a huge success story. They are delivering benefits to more and more of our communities right across the UK. CICs have grown exponentially since 2005. There are now over 17,000 now on the public register. They are promoted by the Regulator of Community Interest Companies, which is an independent statutory office holder appointed by my rt. hon. Friend the Secretary of State.</p><p> </p><p>The UK’s corporate governance framework has been updated to promote purpose in businesses. The UK’s Corporate Governance Code was revised, with effect from 1 January 2019, to promote the importance of having a clear corporate purpose. The Governance Principles for Large Private Companies developed last year by Sir James Wates do the same. Company reporting requirements, also introduced this year, now require companies to report how they have regard to wider societal interests within the meaning of Section 172 of the Companies Act.</p>
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
grouped question UIN
5003 more like this
5005 more like this
question first answered
less than 2019-10-30T16:53:08.747Zmore like thismore than 2019-10-30T16:53:08.747Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
previous answer version
2602
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst remove filter
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
1156204
registered interest false more like this
date less than 2019-10-24more like thismore than 2019-10-24
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading New Businesses more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps she has taken to encourage people setting up businesses to embed (a) social and (b) environmental purpose into their business structures. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson remove filter
uin 5005 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-10-30more like thismore than 2019-10-30
answer text <p>The Government welcomes the contribution which social enterprises make to local growth and prosperity in our communities up and down the country. The UK’s company law framework allows for a variety of business forms, in part to suit those adopting social or environmental purposes.</p><p> </p><p>We welcome the growth of purposeful businesses and have taken steps to encourage and enable this trend. The Government encouraged the business-led development of ‘Purposely’, a tool to help social entrepreneurs embed purpose into their businesses using the flexibility provided in the Companies Act; it also established the Inclusive Economy Partnership to harness the power of business as a force for good in our society; and it has supported the new Impact Investing Institute to grow social investment.</p><p> </p><p>Community Interest Companies (CICs) are a huge success story. They are delivering benefits to more and more of our communities right across the UK. CICs have grown exponentially since 2005. There are now over 17,000 now on the public register. They are promoted by the Regulator of Community Interest Companies, which is an independent statutory office holder appointed by my rt. hon. Friend the Secretary of State.</p><p> </p><p>The UK’s corporate governance framework has been updated to promote purpose in businesses. The UK’s Corporate Governance Code was revised, with effect from 1 January 2019, to promote the importance of having a clear corporate purpose. The Governance Principles for Large Private Companies developed last year by Sir James Wates do the same. Company reporting requirements, also introduced this year, now require companies to report how they have regard to wider societal interests within the meaning of Section 172 of the Companies Act.</p>
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
grouped question UIN
5003 more like this
5004 more like this
question first answered
less than 2019-10-30T16:53:08.797Zmore like thismore than 2019-10-30T16:53:08.797Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
previous answer version
2603
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst remove filter
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
1061184
registered interest false more like this
date less than 2019-02-14more like thismore than 2019-02-14
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Department for Business, Energy and Industrial Strategy: Brexit more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent progress has been made on his Department’s preparations for the UK leaving the EU. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson remove filter
uin 221712 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-02-20more like thismore than 2019-02-20
answer text <p>BEIS is leading one of the largest programmes of EU exit deliver across government. We have recruited 700 new staff to work on EU Exit Policy.</p><p> </p><p>We are in the process of delivering a huge secondary legislation programme to ensure a functioning statute book on exit day. As of today, BEIS has laid 62 exit related statutory instruments, including new laws for a nuclear safeguards regime that will maintain the UK industry’s ability to trade in the nuclear sector while ensuring the UK remains on track to meet its international obligations on day one of exit, and plan to lay the remaining instruments by the end of this month.</p><p> </p><p>We have also published 28 technical notices, including on oil and gas, climate change, company law and state aid. These will continue to be updated.</p><p> </p><p>BEIS also continues to work closely with the rest of government on EU Exit issues, to ensure a cohesive approach is taken to support businesses. BEIS has contributed to cross-government information programmes, such as helping to develop the EU Exit business Q&amp;A tool, which was been used over 20,000 times.</p><p> </p><p>BEIS continues to meet with key stakeholders across all sectors to inform our approach and will continue to use their expertise. For example, we have met with over 3,000 businesses to date.</p>
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2019-02-20T17:35:10.927Zmore like thismore than 2019-02-20T17:35:10.927Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
previous answer version
103209
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst remove filter
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
1024034
registered interest false more like this
date less than 2018-12-12more like thismore than 2018-12-12
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Business: Regulation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the cost to businesses the delegated legislation relating to the possibility of the UK leaving the EU without a deal that have approved by Parliament. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson remove filter
uin 201670 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-12-18more like thismore than 2018-12-18
answer text <p>On 28 November 2018 the Government published a robust, objective assessment of potential impacts on sectors, nations and regions of the UK. This included both an assessment of tariff and non-tariff barrier costs broken down by sectors in different scenarios, including no deal, and how the economy and specific sectors may adjust to these.</p><p>We will continue publishing individual Impact Assessments to accompany legislation, where appropriate.</p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2018-12-18T16:02:56.66Zmore like thismore than 2018-12-18T16:02:56.66Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
previous answer version
92358
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst remove filter
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
1024041
registered interest false more like this
date less than 2018-12-11more like thismore than 2018-12-11
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Company Accounts more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans he has for parliamentary scrutiny of the responsibilities of the European Commission that will be transferred to the Secretary of State for Business, Energy and Industrial Strategy in relation to the Accounts and Reports (Amendment) (EU Exit) Regulations 2018, which were laid before the House on 31 October 2018. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson remove filter
uin 201672 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-12-18more like thismore than 2018-12-18
answer text <p>The Accounts and Reports (Amendment) (EU Exit) Regulations 2018 (the “Regulations”) transfer functions and legislation from the EU to the UK to ensure that the UK legislative framework remains coherent. It does not aim to create new policy.</p><p> </p><p>The Commission has the power to grant equivalence to third countries for their system of reporting payments to governments regarding the logging and mining activities of undertakings. There is no Parliamentary process built into the Commission’s decision. However there are specific criteria that the Commission must consider when exercising those powers.</p><p> </p><p>These Regulations transfer the power to the Secretary of State, to be exercised using the same criteria. The detailed criteria for forming the basis for granting equivalence are set out in paragraph 37 of Schedule 3 to the Regulations.</p><p> </p><p> </p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2018-12-18T16:03:05.497Zmore like thismore than 2018-12-18T16:03:05.497Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
previous answer version
92360
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst remove filter
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this