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1045896
registered interest false more like this
date less than 2019-01-22more like thismore than 2019-01-22
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 Industry 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 his Department is taking to ensure that the industrial strategy supports (a) manufacturers of agricultural machinery, (b) textiles and (c) small-scale engineering. more like this
tabling member constituency Angus more like this
tabling member printed
Kirstene Hair more like this
uin 211332 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-01-30more like thismore than 2019-01-30
answer text <p>The Government’s Industrial Strategy supports manufacturing across many sectors in a number of ways through business support, skills and R&amp;D.</p><p>Through Business Support:</p><ul><li>The Government has undertaken a business productivity review and is currently looking at how to improve manufacturing processes with 3000 industries in the North West in the Pilot for Made Smarter. The learnings from this pilot, and the conclusions of the review will benefit industry in the future.</li><li>We are making sure small businesses across all sectors including agricultural machinery, textiles and engineering, can find the information they need on their finance options and additional support in information and guidance:</li><li>The British Business Bank publishes (in partnership with industry) the Business Finance Guide, which also has an interactive online version.</li><li>The Business Support Helpline and the network of 38 Growth Hubs also provide advice and signpost businesses to sources of information and guidance. We would encourage the industries to take advantage of this resource.</li><li>78,000 SMEs have been supported in various way by the British Business Bank. The Small Business Commissioner helps with payment issues, dispute resolution and sourcing advice across the UK.</li></ul><p>Through developing Skills:</p><ul><li>The Government has developed a wide range of manufacturing apprenticeships. There are now specific apprenticeships for textile manufacturing, at both intermediate and advanced levels and a significant number of engineering apprenticeships across a range of sectors.</li><li>The Government has introduced the apprenticeship levy across the UK to encourage sustained employer investment in high quality apprenticeships. By 2020 the total annual apprenticeship investment in England will be almost £2.45bn (in 2019/20); double what was spent in 2010-11. Scotland, Wales and Northern Ireland will receive £460m, as their fair share of the apprenticeship levy, in 2019/20. This will allow businesses to develop workforces that have the skills they need for the future.</li></ul><p>Through supporting R&amp;D:</p><ul><li>The Government has increased the rate of R&amp;D tax credit to 12% to encourage businesses to invest in the future and as a step towards meeting the 2.4% target. As we try to put the UK at the forefront of advanced sustainable agriculture, this tax credit will provide opportunities for both manufacturers of agricultural machinery and small-scale engineering firms to invest in innovation.</li></ul><p>We are open to having discussions with all sectors of business and industry to discuss how we can support them and would welcome the engagement from manufacturers of agricultural machinery, textile industry and small-scale engineering firms.</p>
answering member constituency Watford more like this
answering member printed Richard Harrington more like this
question first answered
less than 2019-01-30T14:58:02.697Zmore like thismore than 2019-01-30T14:58:02.697Z
answering member
4068
label Biography information for Lord Harrington of Watford more like this
tabling member
4675
label Biography information for Kirstene Hair more like this
100084
registered interest false more like this
date less than 2014-10-21more like thismore than 2014-10-21
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading UK Export Finance 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, Innovation and Skills, what proportion of successful applicants to the UK Export Finance export working capital scheme have been small to medium sized enterprises in each of the last five years. more like this
tabling member constituency Glasgow North more like this
tabling member printed
Ann McKechin more like this
uin 211332 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-10-27more like thisremove minimum value filter
answer text <p>The table below shows the proportion, expressed as a percentage, of small and medium-sized enterprises (SMEs) of the total number of exporters UK Export Finance (UKEF) has supported broken down by UKEF product for the last five financial full years.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2009/10</p></td><td><p>2010/11</p></td><td><p>2011/12</p></td><td><p>2012/13</p></td><td><p>2013/14</p></td></tr><tr><td><p>Buyer Credit</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>11%</p></td><td><p>7%</p></td></tr><tr><td><p>Bond Support Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>67%</p></td><td><p>78%</p></td><td><p>91%</p></td></tr><tr><td><p>Export Insurance Policy</p></td><td><p>20%</p></td><td><p>75%</p></td><td><p>75%</p></td><td><p>54%</p></td><td><p>63%</p></td></tr><tr><td><p>Export Working Capital Scheme*</p></td><td><p>-</p></td><td><p>-</p></td><td><p>0%</p></td><td><p>83%</p></td><td><p>100%</p></td></tr><tr><td><p>Letter of Credit Guarantee Scheme</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>0%</p></td><td><p>50%</p></td></tr><tr><td><p>Supplier Credit Facility</p></td><td><p>0%</p></td><td><p>50%</p></td><td><p>29%</p></td><td><p>33%</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>*Products launched in 2011/12</p><p> </p><p> </p><p> </p><p>SMEs are defined by the EU as companies that have fewer than 250 employees, and either a turnover of less than €50m or a balance sheet total of less than €43m.</p><p> </p><p>Information on UKEFs Bond Support Scheme has been included given that it was introduced specifically to support to smaller exporters, especially SMEs.</p><p> </p>
answering member constituency West Suffolk more like this
answering member printed Matthew Hancock more like this
grouped question UIN
211331 more like this
211333 more like this
211334 more like this
211335 more like this
question first answered
less than 2014-10-27T14:39:53.7228353Zmore like thismore than 2014-10-27T14:39:53.7228353Z
answering member
4070
label Biography information for Matt Hancock more like this
previous answer version
24211
answering member constituency West Suffolk more like this
answering member printed Matthew Hancock more like this
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
1419
label Biography information for Ann McKechin more like this