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1714013

registered interest
date	25/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	New Businesses
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government, further to recent data released by S&P Global showing that April had the fastest rise in business activity since last May, what steps they are taking to sustain this momentum and ensure continued economic growth.
tabling member printed	Lord Taylor of Warwick
uin	HL4120
answer	answer is ministerial correction date of answer 01/05/2024 answer text <p>The government is continuing to pursue an ambitious policy agenda to increase sustainable economic growth and productivity across the economy. This includes making full expensing permanent, announcing measures to boost labour supply, backing the UK’s priority growth sectors, and addressing long-term barriers to investment through planning and grid connection reforms.</p><p> </p><p>The IMF forecasts that the UK will have the third fastest cumulative growth in the G7 over the 2024-2029 period and the OBR expects that policies announced in the previous three fiscal events will increase the size of the economy by 0.7% by 2028-29.</p> answering member printed Baroness Vere of Norbiton grouped question UIN HL4056 question first answered 01/05/2024 16:19:41 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	1796 label Biography information for Lord Taylor of Warwick

1713248

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	New Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, what estimate she has made of the number of new businesses that have been established since 2010.
tabling member constituency	North Devon
tabling member printed	Selaine Saxby
uin	23348
answer	answer is ministerial correction date of answer 01/05/2024 answer text <p>There were some 4.4 million registered business ‘births’ between 2010 and 2022 (the latest year for which data is available).</p><p>Source: <a href="https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/bulletins/businessdemography/previousReleases" target="_blank">ONS: Business Demography</a></p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 01/05/2024 15:26:58 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4863 label Biography information for Selaine Saxby

1689330

registered interest
date	16/02/2024
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	New Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, whether her Department plans to implement financial safeguards to prevent individuals who have previously mismanaged businesses from establishing limited companies.
tabling member constituency	Blackpool South
tabling member printed	Scott Benton
uin	14250
answer	answer is ministerial correction date of answer 26/02/2024 answer text <p>The Insolvency Service takes robust enforcement action against directors where there is evidence of unfit conduct and will bring disqualification proceedings where in the public interest.</p><p>The Economic Crime and Corporate Transparency Act 2023 will further strengthen these safeguards. Individuals who are disqualified under director disqualification legislation will be prohibited from being appointed as a director and their existing directorships will become void. The Act also extends the grounds for making a director disqualification order so that individuals who persistently breach new identity verification or filing requirements may face disqualification.</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 26/02/2024 17:26:19 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4793 label Biography information for Scott Benton

1652364

registered interest
date	12/07/2023
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	New 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 is taking to (a) promote and (b) support aspiring entrepreneurs in (i) Plymouth and (ii) the UK.
tabling member constituency	Plymouth, Sutton and Devonport
tabling member printed	Luke Pollard
uin	193717
answer	answer is ministerial correction date of answer 18/07/2023 answer text <p>The Government continues to support small businesses and entrepreneurs through a range of ways including:</p><p> </p><ul><li>Start Up Loans which provide early-stage entrepreneurs with funding and intensive support including a year of free business mentoring for new entrepreneurs.</li><li>Provision of information, advice and guidance through the Business Support Helpline, Growth Hubs and the Help to Grow campaign website - a digital one-stop shop set up to help businesses find the support they need to start, scale and grow.</li></ul><p> </p><p>Over 200 businesses have taken up Start Up Loans in Plymouth.</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 18/07/2023 16:19:14 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4682 label Biography information for Luke Pollard

1612802

registered interest
date	20/04/2023
answering body	Cabinet Office
answering dept id	53
answering dept short name	Cabinet Office
answering dept sort name	Cabinet Office
hansard heading	New Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Minister for the Cabinet Office, how many (a) agriculture, (b) forestry and (c) fishing businesses were registered in (a) 2010, (b) 2015 and (c) 2020.
tabling member constituency	Oldham West and Royton
tabling member printed	Jim McMahon
uin	182042
answer	answer is ministerial correction date of answer 26/04/2023 answer text <p>The information requested falls under the remit of the UK Statistics Authority.</p><p> </p><p>A response to the Hon gentleman Parliamentary Question of 20th April is attached.</p><p> </p> answering member constituency Horsham answering member printed Jeremy Quin question first answered 26/04/2023 16:43:23 answering member 4507 label Biography information for Sir Jeremy Quin attachment 1 file name PQ182042.pdf title UK Statistics Authority previous answer version 71154 answering member constituency Horsham answering member printed Jeremy Quin answering member 4507 label Biography information for Sir Jeremy Quin
tabling member	4569 label Biography information for Jim McMahon

1567413

registered interest
date	17/01/2023
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	New Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to encourage the creation of businesses.
tabling member constituency	Kingston upon Hull West and Hessle
tabling member printed	Emma Hardy
uin	903130
answer	answer is ministerial correction date of answer 17/01/2023 answer text <p>We are encouraging the creation of businesses through the Start Up Loan scheme which provides loans and mentoring support to new entrepreneurs, as well as through our network of 38 Growth Hubs across England which provide access to information and advice on starting a business.</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 17/01/2023 13:46:55 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4645 label Biography information for Emma Hardy

1546565

registered interest
date	29/11/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	New Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what economic benefits he has identified from business (a) incubators and (b) accelerators.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	98867
answer	answer is ministerial correction date of answer 07/12/2022 answer text <p>The potential economic benefits of business incubators and accelerators include improved business survival rates, faster growth and higher employment from participating companies as compared to the business population overall.</p><p>A study of incubators and accelerators carried out for the Department in 2019 used the following indicators:</p><ul><li>the business’s perception of the impact of attending the programme;</li><li>growth in employees since attending;</li><li>change in proportion of employees that hold a degree;</li><li>change in development stage;</li><li>innovativeness (as perceived by the startup business);</li><li>number of patent applications;</li><li>R&amp;D expenditure;</li><li>amount of investment raised.</li></ul> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 07/12/2022 17:07:53 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4471 label Biography information for Rachael Maskell

1546567

registered interest
date	29/11/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	New Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how he evaluates the economic benefits of business (a) incubators and (b) accelerators.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	98869
answer	answer is ministerial correction date of answer 07/12/2022 answer text <p>In the case of programmes that are funded directly by the Department, economic evaluation is carried out according to guidance set out in the Green Book: appraisal and evaluation in central government.</p><p> </p><p>A report on the impact of incubators and accelerators on start-up businesses and on the wider business ecosystem was commissioned by the Department in 2019 and is available at <a href="https://www.gov.uk/government/publications/the-impact-of-business-accelerators-and-incubators-in-the-uk" target="_blank">https://www.gov.uk/government/publications/the-impact-of-business-accelerators-and-incubators-in-the-uk</a>. This found that most participating businesses considered the contribution of the incubator or accelerator as significant or vital to their success. The report also notes that “accelerators have positive spillover effects on the wider business ecosystem.”</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 07/12/2022 17:08:03 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4471 label Biography information for Rachael Maskell

1545737

registered interest
date	25/11/2022
answering body	Department for Digital, Culture, Media and Sport
answering dept id	10
answering dept short name	Digital, Culture, Media and Sport
answering dept sort name	Digital, Culture, Media and Sport
hansard heading	New Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Digital, Culture, Media and Sport, whether her Department has taken recent steps to help support business owners to launch new social businesses.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	96626
answer	answer is ministerial correction date of answer 30/11/2022 answer text <p>The Government supports the social enterprise sector in a number of ways. This includes;</p><ul><li><p>targeted support for social enterprises in disadvantaged places through the £4.1million Social Enterprise Boost Fund, that will provide support such as training, networking and peer learning and includes £1.5million of grants for entrepreneurs to kickstart their social enterprises;</p></li><li><p>access to finance, including £485 million of dormant assets funding that has been allocated to social investment, supporting thousands of charities and social enterprises across England;</p></li><li><p>increasing participation in delivering public services through the £900,000 VCSE Contract Readiness Fund announced in September;</p></li><li><p>support for start-ups including the government backed Start Up Loans Company that provides loans of up to £25,000 per director to support entrepreneurs to start and grow a business.</p></li></ul><p>The Government recognises the social enterprise sector’s contribution to society and the economy and welcomes collaboration between social enterprises and other forms of socially oriented business who are working to achieve positive societal benefits.</p><p> </p> answering member constituency Pudsey answering member printed Stuart Andrew grouped question UIN 96623 96624 96625 question first answered 30/11/2022 14:12:03 answering member 4032 label Biography information for Stuart Andrew
tabling member	4471 label Biography information for Rachael Maskell

1544599

registered interest
date	22/11/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	New Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will take steps to ensure that all businesses have access to business accelerators.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	93577
answer	answer is ministerial correction date of answer 30/11/2022 answer text <p>Business accelerators are widely available with approximately 180 programmes currently operating. These accelerators are backed by investment firms, corporations, and the public sector. They range from national programmes such as NatWest Accelerator, with thirteen hubs across the UK, to those with a local focus, such as Phase One based at the University of York and supporting businesses in their first year working within the digital, creative, technology and science sectors.</p><p> </p><p>The availability of virtual and hybrid accelerator programmes means that all businesses potentially have access to these services, wherever they are located in the UK.</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake question first answered 30/11/2022 17:06:05 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4471 label Biography information for Rachael Maskell