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901286
registered interest false more like this
date less than 2018-05-10more like thismore than 2018-05-10
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 more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Business: Government Assistance remove filter
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 he is taking to support businesses and entrepreneurs. more like this
tabling member constituency Witney remove filter
tabling member printed
Robert Courts more like this
uin 142910 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-05-16more like thismore than 2018-05-16
answer text <p>We know how vital businesses are to the UK economy. So we will continue to work hard to support everyone who wants to start and grow their own business. Through our Industrial Strategy we aim to make Britain the best place to start and grow a business.</p><p> </p><p>We want to ensure small business owners have access to the support they need to start, grow and export. The Business Support Helpline, GOV.UK and a network of 38 Growth Hubs across England provide access to information, advice and support business growth. We are developing an Export Strategy to support businesses to access international markets. For Small &amp; Medium Sized Enterprises (SMEs) looking to export, UK export finance will announce a new guarantee to banks designed to increase the flow of money in the supply chain.</p><p> </p><p>We also want small businesses to have the access to finance they need to grow. So we are helping through the British Business Bank which supports over £4bn of finance to over 65,000 UK SMEs. This includes delivering 54,000 Start-Up Loans worth £400m since 2012. Going forward we plan to unlock over £20bn of investment in innovative and high potential businesses, including establishing a new £2.5bn investment fund within the Bank.</p><p> </p><p>Tackling late payments and ensuring small businesses have access to government contracts are also important issues we are working to address. The Small Business Commissioner will help with payment issues, dispute resolution and sourcing advice across the UK. And we are opening up public procurement to SMEs, with a commitment to one pound in every three of central government spend going to SMEs by 2022.</p><p> </p><p> </p><p> </p><p> </p><p>We have launched a review into what actions could be most effective in improving productivity and growth of SMEs in what has been called the ‘long tail’ of lower productivity firms.</p><p> </p><p>We will carry on focusing on the needs of businesses through the delivery of our Industrial Strategy and as we work to secure the best and most ambitious Brexit deal for the whole of the United Kingdom.</p>
answering member constituency Burton more like this
answering member printed Andrew Griffiths more like this
question first answered
less than 2018-05-16T12:57:37.68Zmore like thismore than 2018-05-16T12:57:37.68Z
answering member
3936
label Biography information for Andrew Griffiths more like this
tabling member
4589
label Biography information for Robert Courts more like this
885141
registered interest false more like this
date less than 2018-04-17more like thismore than 2018-04-17
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Business: Government Assistance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text What steps he is taking to support businesses and strengthen the market economy. more like this
tabling member constituency Witney remove filter
tabling member printed
Robert Courts more like this
uin 904792 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-04-17more like thismore than 2018-04-17
answer text <p>This government aims to create an environment to help businesses to succeed. We are keeping taxes low, and ensuring firms can access the skills and support they need.</p><p> </p><p>We have cut corporation tax to 19%, the lowest rate in the G20, and are developing a National Retraining Scheme so we are ready to seize opportunities in the new economy.</p><p> </p><p>It is through measures like these, and the power of a vibrant and competitive market economy, that we will further drive growth and prosperity, encourage innovation and help raise living standards across the UK</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2018-04-17T15:01:39.553Zmore like thismore than 2018-04-17T15:01:39.553Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4589
label Biography information for Robert Courts more like this