Oral Answers to Questions

Samantha Dixon Excerpts

Thursday 18th May 2023 Commons Chamber

The Secretary of State was asked—

[Samantha Dixon (City of Chester) (Lab)]

1. What steps she is taking to help support the growth of small businesses.

[Stephen Morgan (Portsmouth South) (Lab)]

7. What steps she is taking to help support the growth of small businesses.

--- Later in debate ---

[The Parliamentary Under-Secretary of State for Business and Trade (Kevin Hollinrake)]

The Government are providing better support in a number of ways, including through our network of 38 growth hubs across England, our Help To Grow management scheme and mentorships. We are improving access to finance, not least through our start-up loans and recovery loan scheme. We are removing barriers to trade for our SMEs. Those that are seeking to grow through exports can now access support through our UK Export Academy and UK Export Finance.

[Samantha Dixon]

Small and medium-sized businesses are the beating heart of Chester and our country’s economy, yet their costs have become crippling, with extortionate energy bills, staff shortages and businesses forced to shut their doors for good. Reports show that a record number of people are off work due to health reasons, notably an increase in mental health issues. What is the Government’s plan to put that right and help businesses in Chester and up and down the country?

[Kevin Hollinrake]

The hon. Lady raises an important point. The first thing we will do for any business is to ensure that the economy is growing, as it is. We are seeing much higher rates of growth than anticipated by many, and we are cutting the costs of doing business by halving inflation, which again is incredibly important for business. In the short term, we are providing support with £13.6 billion of business rate discounts. We put £23 billion into energy discount schemes, too. We also have a big programme, across government, to try to get 9 million people who are economically inactive back to work.