Asked by: Rupert Lowe (Reform UK - Great Yarmouth)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how many companies were (a) registered and (b) liquidated on each day in 2024.
Answered by Justin Madders - Parliamentary Under Secretary of State (Department for Business and Trade)
Official statistics on company incorporation and liquidation are published quarterly. These are made publicly available online by Companies House. We have excerpted and reproduced the relevant figures for your convenience below:
Date | Incorporations | Total Liquidations |
2024 Jan-Mar | 244,717 | 7,622 |
2024 Apr-Jun | 217,815 | 9,115 |
2024 Jul-Sep | 191,683 | 8,658 |
The most recent complete datasets can be found here:
Incorporated companies in the UK July to September 2024 - GOV.UK
Statistics for previous periods are available here.
Asked by: Rupert Lowe (Reform UK - Great Yarmouth)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how much his Department spent on first class flights in each year since its creation.
Answered by Justin Madders - Parliamentary Under Secretary of State (Department for Business and Trade)
Since its creation on 7 February 2023 and up until 31 March 2024, the Department for Business and Trade has incurred no first-class air travel expenditure as it is not permitted under the travel policy.
Asked by: Rupert Lowe (Reform UK - Great Yarmouth)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how many positions in his Department included (a) diversity, (b) inclusion, (c) equity and (d) equality in their job title in each of the last five years; and what the total cost of the salaries of each such job was in each of those years.
Answered by Justin Madders - Parliamentary Under Secretary of State (Department for Business and Trade)
The Department for Business and Trade (DBT) does not routinely collate information on specific words and collating this information would come at a disproportionate cost.
Information on spending and staffing can be found in the Department's annual report and accounts.
Asked by: Rupert Lowe (Reform UK - Great Yarmouth)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what the cost to the public purse was of the Bounce Back Loans scheme; what proportion of the loans have been (a) returned and (b) written off; and whether all data related to the scheme has been recorded in OSCAR II.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
Businesses have drawn a total of £46.59 billion under the Bounce Back Loan Scheme. 12.97% of facilities by volume have been repaid and 59.44% of facilities by volume are on schedule. 19.77% of facilities by volume have been settled under the Government guarantee. The Department publishes performance data on the COVID-19 loan guarantee schemes on a quarterly basis.
The final year-end outturn is recorded in OSCAR II for years 22-23 and prior. The 23-24 data is still pending final updates based on the finalisation of DBT’s accounts for 23-24.