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1717981
registered interest false more like this
date less than 2024-05-14more like thismore than 2024-05-14
answering body
Department for Business and Trade more like this
answering dept id 214 remove filter
answering dept short name Business and Trade more like this
answering dept sort name Business and Trade more like this
hansard heading Small Businesses: Suffolk 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 and Trade, what steps her Department is taking to support small and medium-sized enterprises in Suffolk. more like this
tabling member constituency Suffolk Coastal more like this
tabling member printed
Dr Thérèse Coffey more like this
uin 26131 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-22more like thismore than 2024-05-22
answer text <p>The Government provides extensive business support for small and medium enterprises (SMEs), with over 40 offers of support available to all business including those in Suffolk.</p><p>Businesses in Suffolk can access support through GOV.UK, the Business Support Service and network of Growth Hubs. Government-backed financial support is available from the British Business Bank, including the Growth Guarantee Scheme, which has been extended until the end of March 2026.</p><p>The Government set out policy actions in the Prompt Payment and Cash Flow which was published alongside the Autumn Statement in November 2023. These actions include extending Payment Performance Reporting Regulations with legislation being passed earlier this month, ensuring that large businesses are required to report their payment performance.</p><p>The Start Up Loans Company provides loans and pre- and post-loan business support and mentoring to new entrepreneurs. Since the programme started in 2012, 917 loans have been awarded to start ups in Suffolk totalling over £9 million.</p><p>The Government’s recently launched initiatives supporting business:</p><ul><li>The refreshed Help to Grow campaign and website creating a one-stop shop for SMEs to find the information they need to grow and scale up;</li><li>The Lilac Review to identify the barriers faced by disabled-led businesses and develop an action plan to remove them;</li><li>The Invest in Women Taskforce with the mission of making the UK the best place in the world to be a female founder.</li></ul>
answering member constituency Thirsk and Malton more like this
answering member printed Kevin Hollinrake more like this
question first answered
less than 2024-05-22T14:35:04.803Zmore like thismore than 2024-05-22T14:35:04.803Z
answering member
4474
label Biography information for Kevin Hollinrake more like this
tabling member
4098
label Biography information for Dr Thérèse Coffey more like this
1717982
registered interest false more like this
date less than 2024-05-14more like thismore than 2024-05-14
answering body
Department for Business and Trade more like this
answering dept id 214 remove filter
answering dept short name Business and Trade more like this
answering dept sort name Business and Trade more like this
hansard heading Business: Suffolk 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 and Trade, what steps her Department is taking to promote (a) international trade and (b) investment opportunities for businesses based in Suffolk. more like this
tabling member constituency Suffolk Coastal more like this
tabling member printed
Dr Thérèse Coffey more like this
uin 26132 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-22more like thismore than 2024-05-22
answer text <p>The Department for Business and Trade works with local stakeholders to promote trade and investment opportunities. Businesses in Suffolk can access the Department's range of export support services through great.gov.uk. This includes online learning and information, the Export Academy, our network of International Trade Advisers, and our International Market Advisors in overseas regions. UK Export Finance also has a network of export finance managers and coverage includes Suffolk.</p><p>The Department works in partnership with other Government Departments and locally to attract potential investors and provide support for foreign investors wishing to invest in the area.</p> more like this
answering member constituency Havant more like this
answering member printed Alan Mak more like this
question first answered
less than 2024-05-22T14:23:53.077Zmore like thismore than 2024-05-22T14:23:53.077Z
answering member
4484
label Biography information for Alan Mak more like this
tabling member
4098
label Biography information for Dr Thérèse Coffey more like this
1702498
registered interest false more like this
date less than 2024-04-19more like thismore than 2024-04-19
answering body
Department for Business and Trade more like this
answering dept id 214 remove filter
answering dept short name Business and Trade more like this
answering dept sort name Business and Trade more like this
hansard heading Companies: Registration 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 and Trade, how many prosecutions Companies House has launched for giving false information in registration of a company in each year since 2019. more like this
tabling member constituency Suffolk Coastal more like this
tabling member printed
Dr Thérèse Coffey more like this
uin 22723 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-04-24more like thismore than 2024-04-24
answer text <p>Companies House does not bring prosecutions under section 1112 of the Companies Act 2006 for a false statement offence but refer such potential cases to the Insolvency Service for investigation and prosecution.</p><p>The number of prosecutions commenced by the Insolvency Service for a false statement offence contrary to s1112 of the Companies Act 2006 in each year since 2019 is:</p><table><tbody><tr><td><p>2019</p></td><td><p>0</p></td></tr><tr><td><p>2020</p></td><td><p>0</p></td></tr><tr><td><p>2021</p></td><td><p>1</p></td></tr><tr><td><p>2022</p></td><td><p>0</p></td></tr><tr><td><p>2023</p></td><td><p>0</p></td></tr><tr><td><p>2024</p></td><td><p>1</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p> more like this
answering member constituency Thirsk and Malton more like this
answering member printed Kevin Hollinrake more like this
question first answered
less than 2024-04-24T16:22:46.55Zmore like thismore than 2024-04-24T16:22:46.55Z
answering member
4474
label Biography information for Kevin Hollinrake more like this
tabling member
4098
label Biography information for Dr Thérèse Coffey more like this
1700832
registered interest false more like this
date less than 2024-04-15more like thismore than 2024-04-15
answering body
Department for Business and Trade more like this
answering dept id 214 remove filter
answering dept short name Business and Trade more like this
answering dept sort name Business and Trade more like this
hansard heading Business: Investment 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 and Trade, what steps her Department is taking to help increase business investment in Suffolk. more like this
tabling member constituency Suffolk Coastal more like this
tabling member printed
Dr Thérèse Coffey more like this
uin 21636 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-04-23more like thismore than 2024-04-23
answer text <p>The Department for Business and Trade works with local stakeholders to promote investment opportunities in the region to potential overseas investors and provide support for foreign investors wishing to set up in the area. The Government works closely with clients to understand their requirements and to reduce any barriers which may inform the client’s decision to locate in the region.</p><p> </p><p>The Government is also backing the Freeport East to create new jobs and attract new businesses in high growth sectors such as advanced manufacturing and engineering.</p><p> </p><p>The Government supports a range of programmes dedicated to supporting small and medium businesses to grow. This includes free access to the Business Support Helpline, Help to Grow, Growth Hubs, UK Export Academy, International Trade Advisors, and the Export Digital Enquiry Service. Government funded support is also available through the British Business Bank.</p> more like this
answering member constituency Havant more like this
answering member printed Alan Mak more like this
question first answered
less than 2024-04-23T14:25:29.28Zmore like thismore than 2024-04-23T14:25:29.28Z
answering member
4484
label Biography information for Alan Mak more like this
tabling member
4098
label Biography information for Dr Thérèse Coffey more like this
1692505
registered interest false more like this
date less than 2024-02-28more like thismore than 2024-02-28
answering body
Department for Business and Trade more like this
answering dept id 214 remove filter
answering dept short name Business and Trade more like this
answering dept sort name Business and Trade more like this
hansard heading New Businesses: Loans 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 and Trade, how many Government funded start-up loans have been issued (a) in every year since 2012 and (b) in total. more like this
tabling member constituency Suffolk Coastal more like this
tabling member printed
Dr Thérèse Coffey more like this
uin 16160 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-03-07more like thismore than 2024-03-07
answer text <p>As of January 2024, a total of 110,699 Start Up Loans have been issued since 2012 with an aggregate value of £1,075,873,213.</p><p> </p><p>The attached table contains a breakdown of Start Up Loans issued by year, from 2012-13 to Jan 2024.</p><table><tbody><tr><td><p><strong>Year</strong></p></td><td><p><strong>Loans Made</strong></p></td><td><p><strong>Amount Lent</strong></p></td></tr><tr><td><p>2012-13</p></td><td><p>1884</p></td><td><p>£ 9,578,673</p></td></tr><tr><td><p>2013-14</p></td><td><p>12647</p></td><td><p>£ 70,146,440</p></td></tr><tr><td><p>2014-15</p></td><td><p>13543</p></td><td><p>£ 66,902,431</p></td></tr><tr><td><p>2015-16</p></td><td><p>9191</p></td><td><p>£ 64,961,014</p></td></tr><tr><td><p>2016-17</p></td><td><p>9263</p></td><td><p>£ 89,618,969</p></td></tr><tr><td><p>2017-18</p></td><td><p>8521</p></td><td><p>£ 104,723,856</p></td></tr><tr><td><p>2018-19</p></td><td><p>7896</p></td><td><p>£ 83,258,440</p></td></tr><tr><td><p>2019-20</p></td><td><p>8532</p></td><td><p>£ 95,572,650</p></td></tr><tr><td><p>2020-21</p></td><td><p>11318</p></td><td><p>£ 137,286,554</p></td></tr><tr><td><p>2021-22</p></td><td><p>10372</p></td><td><p>£ 130,745,218</p></td></tr><tr><td><p>2022-23</p></td><td><p>9536</p></td><td><p>£ 119,952,292</p></td></tr><tr><td><p>2023-24</p></td><td><p>7996</p></td><td><p>£ 103,126,676</p></td></tr><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>Totals (2012-2024)</p></td><td><p>110699</p></td><td><p>£ 1,075,873,213</p></td></tr></tbody></table>
answering member constituency Thirsk and Malton more like this
answering member printed Kevin Hollinrake more like this
question first answered
less than 2024-03-07T11:23:06.747Zmore like thismore than 2024-03-07T11:23:06.747Z
answering member
4474
label Biography information for Kevin Hollinrake more like this
tabling member
4098
label Biography information for Dr Thérèse Coffey more like this