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1140400

registered interest
date	18/07/2019
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 recent estimate he has made of the average time it takes for a new business to become fully operational in the UK.
tabling member constituency	Vale of Clwyd
tabling member printed	Chris Ruane
uin	278917
answer	answer is ministerial correction date of answer 23/07/2019 answer text <p>The World Bank Doing Business 2019 report measures the ease of starting a business. This involves measuring procedures, time, cost and paid-in minimum capital to start a limited liability company for men and women.</p><p> </p><p>The average time taken for a new business in the UK to complete all the procedures required to become operational is 18 days.</p><p> </p><p> </p><p><em>Source:</em></p><p><em>World Bank, Doing Business 2019, <a href="https://www.doingbusiness.org/en/reports/global-reports/doing-business-2019" target="_blank">https://www.doingbusiness.org/en/reports/global-reports/doing-business-2019</a> </em></p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 23/07/2019 13:27:21 answering member 4487 label Biography information for Kelly Tolhurst
tabling member	534 label Biography information for Chris Ruane

971333

registered interest
date	10/09/2018
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, whether he plans to empower Companies House to undertake due diligence checks on firms and individuals setting up UK companies; and if he will make a statement.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	172512
answer	answer is ministerial correction date of answer 13/09/2018 answer text <p>There are no current plans to require Companies House to do this. However, once the outcome of the Financial Action Task Force evaluation of the UK’s anti-money laundering regime is known later this year, I will be considering options to reform the company registration process including what information is disclosed, and how assurance is provided over that information.</p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 13/09/2018 15:21:18 answering member 4487 label Biography information for Kelly Tolhurst
tabling member	4061 label Biography information for Bill Esterson

802367

registered interest
date	06/12/2017
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 he is taking to encourage the start up and development of small businesses in (a) Kettering, (b) Northamptonshire and (c) England.
tabling member constituency	Kettering
tabling member printed	Mr Philip Hollobone
uin	118054
answer	answer is ministerial correction date of answer 11/12/2017 answer text <p>Small and medium-sized businesses across England can access support through GOV.UK and the Business Support Helpline. Over the last three years, Government has also supported and invested in the creation of 38 Growth Hubs (one in each Local Enterprise Partnership area), providing businesses across England with tailored advice and support. To date, Growth Hubs have engaged and supported over 570,000 businesses, and helped 11,391 individuals to start a business.</p><p>Velocity Growth Hub serves businesses in the South East Midlands and operates a sub-Growth Hub for businesses based in Northamptonshire. Since 2013, the Northamptonshire Growth Hub has engaged with 4,982 businesses and helped 308 individuals to start a business, with Velocity (including Northamptonshire) having engaged a total of 87,655 businesses and helped 476 individuals to start a business since launch in 2014.</p><p>British Business Bank programmes are currently supporting almost £4 billion of finance to over 60,000 smaller businesses across the UK which includes over 51,500 Start-Up Loans worth over £366 million. Since the launch of the British Business Bank in November 2014, its programmes have facilitated over £78m to businesses in Northamptonshire. This includes 393 Start-up Loans at a value of over £2.5m. Of this figure, over £250k is supporting loans to businesses in the constituency of Kettering.</p><p>Through our Industrial Strategy, we will continue to back small and medium-sized business to grow and create jobs by providing an environment in which they can thrive.</p><p><em>*All British Business Bank data is current as at end of Jun 2017 except for the Start-Up Loans programme which is as at end of Oct 2017</em></p> answering member constituency Stourbridge answering member printed Margot James question first answered 11/12/2017 16:13:41 answering member 4115 label Biography information for Margot James
tabling member	1537 label Biography information for Mr Philip Hollobone

776934

registered interest
date	24/10/2017
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, when he plans to publish Professor Tim Dafforn's review of entrepreneurship; and if he will make a statement.
tabling member constituency	Croydon North
tabling member printed	Mr Steve Reed
uin	109279
answer	answer is ministerial correction date of answer 30/10/2017 answer text <p>Professor Tim Dafforn’s review of entrepreneurship is supporting the development of the Industrial Strategy white paper which will be published later this year.</p> answering member constituency Stourbridge answering member printed Margot James question first answered 30/10/2017 13:01:19 answering member 4115 label Biography information for Margot James
tabling member	4268 label Biography information for Steve Reed

438469

registered interest
date	09/12/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	New Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what steps he is taking to encourage business start-ups and entrepreneurship.
tabling member constituency	Bedford
tabling member printed	Richard Fuller
uin	902720
answer	answer is ministerial correction date of answer 15/12/2015 answer text <br /><p>The Start-Up Loans scheme supports people wanting to start a business and has provided over 33,500 loans worth over £180 million. The Government is providing further funding to Growth Hubs to help businesses at the local level, as well as cutting taxes on small businesses, extending rate relief and increasing the Employment Allowance.</p><br /><p>The latest stats from the ONS show that the number of UK start-ups has reached record levels with some 351,000 new businesses launched in 2014.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 15/12/2015 17:50:34 answering member 3938 label Biography information for Anna Soubry
tabling member	3912 label Biography information for Richard Fuller

175838

registered interest
date	21/01/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	New Businesses
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	North West Norfolk
tabling member printed	Mr Henry Bellingham
uin	907256
answer	answer is ministerial correction date of answer 27/01/2015 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> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 27/01/2015 15:33:37 answering member 1529 label Biography information for Mr David Gauke
tabling member	1441 label Biography information for Lord Bellingham

168562

registered interest
date	08/12/2014
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	New Businesses
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, how many small businesses have been started in (a) England, (b) Yorkshire and (c) Barnsley in each year since May 2010.
tabling member constituency	Barnsley Central
tabling member printed	Dan Jarvis
uin	217724
answer	answer is ministerial correction date of answer 16/12/2014 answer text <p>The estimated number of business start-ups in a) England, b) Yorkshire and the Humber, c) Barnsley between 2010 and 2014 are shown in the table below. These statistics are compiled from BankSearch data, which does not report on the size of start-ups.</p><p> </p><p> </p><p> </p><p>Estimated number of business start-ups (2010 to 2014)</p><p> </p><table><tbody><tr><td><p>Year</p></td><td><p>England</p></td><td><p>Yorkshire and the Humber</p></td><td><p>Barnsley</p></td></tr><tr><td><p>2010</p></td><td><p>433,300</p></td><td><p>33,780</p></td><td><p>1,190</p></td></tr><tr><td><p>2011</p></td><td><p>458,020</p></td><td><p>34,410</p></td><td><p>1,150</p></td></tr><tr><td><p>2012</p></td><td><p>440,400</p></td><td><p>33,310</p></td><td><p>1,120</p></td></tr><tr><td><p>2013</p></td><td><p>398,860</p></td><td><p>29,630</p></td><td><p>1,050</p></td></tr></tbody></table><p> </p><p>Source: BankSearch: number of new business bank accounts opened. All figures rounded to the nearest 10.</p><p> </p><p> </p><p> </p><p><strong> </strong></p><p> </p><p><strong> </strong></p><p> </p><p><strong> </strong></p><p> </p><p><strong> </strong></p><p> </p><p><strong> </strong></p><p> </p><p><strong> </strong></p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 16/12/2014 16:27:30 answering member 4070 label Biography information for Matt Hancock previous answer version 33056 answering member constituency West Suffolk answering member printed Matthew Hancock answering member 4070 label Biography information for Matt Hancock
tabling member	4243 label Biography information for Dan Jarvis