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175838
registered interest false more like this
date remove filter
answering body
HM 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 New Businesses more like this
house id 1 remove filter
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the effect of small business start-ups on the wider economy; and if he will make a statement. more like this
tabling member constituency North West Norfolk remove filter
tabling member printed
Mr Henry Bellingham more like this
uin 907256 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-01-27more like thismore than 2015-01-27
answer text <p>Small businesses are the lifeblood of our economy, and the UK is a great place to start a business. At the start of 2014 there were 5.2 million small businesses in the UK, an increase of 760,000 since 2010. These small businesses employ 12.1 million people – 48% of total UK private sector employment – and have a combined annual turnover of £1.2 trillion: 33% of the UK private sector total. The government has backed small businesses, including with 25,000 Start Up Loans, tax incentives for investment, and the £2000 Employment Allowance which means 450,000 businesses now pay no employers NICs.</p> more like this
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
question first answered
less than 2015-01-27T15:33:37.373Zmore like thismore than 2015-01-27T15:33:37.373Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
1441
label Biography information for Lord Bellingham more like this