Asked by: Selaine Saxby (Conservative - North Devon)
Question to the Department for Business and Trade:
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.
Answered by Kevin Hollinrake - Shadow Secretary of State for Business and Trade
There were some 4.4 million registered business ‘births’ between 2010 and 2022 (the latest year for which data is available).
Source: ONS: Business Demography
Asked by: Selaine Saxby (Conservative - North Devon)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what purchases her Department made of international carbon credits in the most recent five years for which figures are available; and what the average cost per tonne of CO2 was.
Answered by Alan Mak
The Department has not purchased any carbon credits since its inception in February 2023.
Asked by: Selaine Saxby (Conservative - North Devon)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how many businesses that have employees there were in (a) 2010, (b) 2015, (c) 2020 and (d) the most recent year for which figures are available.
Answered by Kevin Hollinrake - Shadow Secretary of State for Business and Trade
Estimated number of employing businesses in the private sector at the start of 2010, 2015, 2020 and 2023 (the latest year for which data is available) are provided in the table below.
Table: Estimated number of employing businesses in the private sector by year
| Number of employing businesses |
2010 | 1,224,500 |
2015 | 1,311,900 |
2020 | 1,412,700 |
2023 | 1,445,000 |
Source: Business Population Estimates
Asked by: Selaine Saxby (Conservative - North Devon)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, if she will make an estimate of the number of small and medium-sized businesses in (a) 2010, (b) 2015, (c) 2020 and (d) the most recent year for which figures are available.
Answered by Kevin Hollinrake - Shadow Secretary of State for Business and Trade
Estimated number of private sector small and medium-sized businesses at the start of 2010, 2015, 2020 and 2023 (the latest year for which data is available) are provided in the table below.
Table: Estimated number of private sector small and medium-sized business by year
| Number of businesses |
2010 | 4,476,700 |
2015 | 5,394,300 |
2020 | 5,972,600 |
2023 | 5,547,100 |
Source: Business Population Estimates
Asked by: Selaine Saxby (Conservative - North Devon)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how (a) much finance was and (b) many loans were provided to businesses by the British Business Bank; and how many and what proportion of these loans were provided to small businesses.
Answered by Kevin Hollinrake - Shadow Secretary of State for Business and Trade
At 2022/23 the British Business Bank was supporting £12.4bn of finance to 90,201 small businesses across the UK through the Bank’s 220 delivery partners. Finance supported by the Bank is intended for small and medium businesses, as defined in the Companies Act.