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1731058

registered interest
date	04/10/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, what steps his Department (a) is taking and (b) plans to take to help support the growth of small businesses.
tabling member constituency	St Helens North
tabling member printed	David Baines
uin	6857
answer	answer is ministerial correction date of answer 14/10/2024 answer text <p>Small businesses are the beating heart of our high streets, our communities, and essential to our economic success. The Government will boost small business growth and productivity by delivering upon the commitments within Labour's nine-point Plan for Small Business published prior to the election.</p><p>As a first step, we announced on 19th September 2024 new measures to help small businesses and the self-employed tackle the scourge of late payments and long payment terms.</p><p>We are also creating opportunities for small businesses to access the finance they need to scale up and to break into new markets through exporting.</p> answering member constituency Harrow West answering member printed Gareth Thomas question first answered 14/10/2024 14:14:07 answering member 177 label Biography information for Gareth Thomas
tabling member	5092

1729386

registered interest
date	12/09/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps her Department is taking to help increase (a) investment and (b) listings for small and medium-sized businesses.
tabling member constituency	Orpington
tabling member printed	Gareth Bacon
uin	5664
answer	answer is ministerial correction date of answer 10/10/2024 answer text <p>The Government is committed to reinvigorating our capital markets to ensure they deliver for investors and firms to support global and UK growth.</p><p> </p><p>The UK is Europe’s leading hub for investment, and the Government is taking forward reforms to build on these strong foundations by boosting the competitiveness of UK markets and optimising the capital raising process for large and small companies.</p><p> </p><p>This includes a once in a generation reform to our listings rulebook which will revolutionise our markets, directly align us with leading international counterparts and providing greater flexibility to firms and founders raising capital on UK markets.</p><p> </p><p>The Chancellor has also announced a landmark review into pension fund investments which will explicitly consider the role of pension funds in capital and financial markets to boost returns and UK growth.</p> answering member constituency Hampstead and Highgate answering member printed Tulip Siddiq grouped question UIN 5665 question first answered 10/10/2024 07:13:10 answering member 4518 label Biography information for Tulip Siddiq
tabling member	4798 label Biography information for Gareth Bacon

1727215

registered interest
date	03/09/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Small Businesses
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made of the decline in confidence among small businesses following (1) rises in energy prices, (2) the increase in material costs, and (3) the anticipated rise in employment costs.
tabling member printed	Lord Taylor of Warwick
uin	HL734
answer	answer is ministerial correction date of answer 17/09/2024 answer text <p>We recognise that recent times have been challenging for business. The Government is committed to support small businesses. Our Plan for Small Business set out nine pledges, including a pledge to reduce the cost of energy bills. We will be setting out further detail over the coming months.</p> answering member printed Baroness Jones of Whitchurch question first answered 17/09/2024 14:59:06 answering member 3792 label Biography information for Baroness Jones of Whitchurch
tabling member	1796 label Biography information for Lord Taylor of Warwick

1721988

registered interest
date	18/07/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, what employee thresholds his Department uses to classify what is a (a) micro, (b) small and (c) medium sized firm.
tabling member constituency	Broadland and Fakenham
tabling member printed	Jerome Mayhew
uin	676
answer	answer is ministerial correction date of answer 23/07/2024 answer text <p>Employee thresholds used by this department to classify micro, small and medium-sized firms are shown in the table below:</p><table><tbody><tr><td><p><strong>Type of firm</strong></p></td><td><p><strong>Employee threshold</strong></p></td></tr><tr><td><p>Micro</p></td><td><p>0 to 9 employees</p></td></tr><tr><td><p>Small</p></td><td><p>10 to 49 employees</p></td></tr><tr><td><p>Medium</p></td><td><p>50 to 249 employees</p></td></tr></tbody></table> answering member constituency Harrow West answering member printed Gareth Thomas question first answered 23/07/2024 13:10:30 answering member 177 label Biography information for Gareth Thomas
tabling member	4739 label Biography information for Jerome Mayhew

1713244

registered interest
date	23/04/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, if she will make an estimate of the number of small and medium-sized businesses in (a) 2010, (b) 2015, (c) 2020 and (d) the most recent year for which figures are available.
tabling member constituency	North Devon
tabling member printed	Selaine Saxby
uin	23344
answer	answer is ministerial correction date of answer 01/05/2024 answer text <p>Estimated number of private sector small and medium-sized businesses at the start of 2010, 2015, 2020 and 2023 (the latest year for which data is available) are provided in the table below.</p><p><strong>Table: Estimated number of private sector small and medium-sized business by year</strong></p><table><tbody><tr><td><p> </p></td><td><p>Number of businesses</p></td></tr><tr><td><p>2010</p></td><td><p>4,476,700</p></td></tr><tr><td><p>2015</p></td><td><p>5,394,300</p></td></tr><tr><td><p>2020</p></td><td><p>5,972,600</p></td></tr><tr><td><p>2023</p></td><td><p>5,547,100</p></td></tr></tbody></table><p>Source: <a href="https://www.gov.uk/government/collections/business-population-estimates" target="_blank">Business Population Estimates</a></p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 01/05/2024 15:34:18 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4863 label Biography information for Selaine Saxby

1687358

registered interest
date	05/02/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, what steps her Department is taking to help support the development of new small businesses.
tabling member constituency	York Outer
tabling member printed	Julian Sturdy
uin	12953
answer	answer is ministerial correction date of answer 12/02/2024 answer text <p>The Government reaffirmed its commitment to all the UK’s 5.5 million small businesses with the creation of a new Small Business Council. The Council builds on the Department’s existing support for SMEs and will provide a bespoke forum for small businesses to have their voices represented within Government.</p><p> </p><p>The Help to Grow website is a one-stop shop for small businesses to clearly identify what funding they can access, webinars as well as the basics of setting up a business.</p><p> </p><p>Businesses can still access government-backed financial support from the Start Up Loans Company, which provides loans and support to new entrepreneurs.</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 12/02/2024 16:55:42 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4079 label Biography information for Julian Sturdy

1654139

registered interest
date	18/07/2023
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Small Businesses
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what plans they have to ensure that the interests of small and medium-sized enterprises are taken into account in policymaking discussions and decisions.
tabling member printed	Lord Taylor of Warwick
uin	HL9471
answer	answer is ministerial correction date of answer 01/08/2023 answer text <p>Government provides extensive support to SMEs and places them at the heart of policy making. When developing policies, departments should consider whether micro, small and medium-sized businesses can be exempt from proposed regulations. To test that this is being done, the Better Regulation Framework requires a Small and Micro Business Assessment (SaMBA) in department’s impact assessments. The Department continues to engage with SMEs and representative organisations, for example through the SME Action Group chaired by Minister Hollinrake, to ensure business voices are heard, and to help create the right conditions for businesses to scale up both domestically and internationally.</p><p> </p> answering member printed The Earl of Minto question first answered 01/08/2023 13:58:13 answering member 4952 label Biography information for The Earl of Minto
tabling member	1796 label Biography information for Lord Taylor of Warwick

1645174

registered interest
date	15/06/2023
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, how many small businesses opened in the last (a) 3, (b) 6, (c) 12 and (d) 24 months.
tabling member constituency	Weaver Vale
tabling member printed	Mike Amesbury
uin	189923
answer	answer is ministerial correction date of answer 21/06/2023 answer text <p>The latest available data shows that at the end of March 2023 there were:</p><p>- 79,000 business births in the last three months;</p><p>- 149,000 business births in the last six months;</p><p>- 307,000 business births in the last 12 months; and</p><p>- 661,000 business births in the last 24 months.</p><p> </p><p>(ONS, Business demography, Quarterly experimental statistics, UK, Q1 2023)</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 21/06/2023 13:57:24 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4667 label Biography information for Mike Amesbury

1626122

registered interest
date	09/05/2023
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, if she will make an assessment of the potential contribution of a think small first policy to achieving the target of exporting over a trillion pounds of goods and services annually by 2030.
tabling member constituency	Gordon
tabling member printed	Richard Thomson
uin	184199
answer	answer is ministerial correction date of answer 16/05/2023 answer text <p>As set out in the Export Strategy the Department for Business and Trade (DBT) is working in partnership with UK exporters to reach a trillion pounds of UK exports annually by 2030, with UK exports reaching £843bn in March this year. As part of this, DBT utilises company-level data to segment and tailor its support based on where a business is at on their export journey. This includes our self-serve digital offer and the Export Academy, which provides training and guidance to ensure businesses across the UK, especially SMEs, have the capability and knowledge to prosper in international markets.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 16/05/2023 14:44:23 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4796 label Biography information for Richard Thomson

1600389

registered interest
date	01/03/2023
answering body	Cabinet Office
answering dept id	53
answering dept short name	Cabinet Office
answering dept sort name	Cabinet Office
hansard heading	Small Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Minister for the Cabinet Office, how many times the Department’s Small Business Advisory Panel has met in each of the last five years.
tabling member constituency	Feltham and Heston
tabling member printed	Seema Malhotra
uin	156159
answer	answer is ministerial correction date of answer 09/03/2023 answer text <p>The SME Advisory Panel met 19 times between February 2018 and February 2023 for official Cabinet Office led SME Advisory Panel meetings. Panel members also contributed to the Baroness Neville-Rolfe led SME Roundtable on the Procurement Bill in October.</p><p>The SME Advisory Panel was set up by the Cabinet Office in 2011 and works with the Government to support start-ups and small businesses via government procurement.</p><p> </p> answering member constituency Brentwood and Ongar answering member printed Alex Burghart grouped question UIN 156160 question first answered 09/03/2023 17:24:12 answering member 4613 label Biography information for Alex Burghart
tabling member	4253 label Biography information for Seema Malhotra