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1111165
registered interest false more like this
date less than 2019-04-10more like thismore than 2019-04-10
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 remove filter
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Business: 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 plans his Department has to support businesses through the transition period as the UK leaves the EU. more like this
tabling member constituency Fylde remove filter
tabling member printed
Mark Menzies more like this
uin 243396 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <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>
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2019-04-23T16:30:37.907Zmore like thismore than 2019-04-23T16:30:37.907Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
3998
label Biography information for Mark Menzies more like this