Asked by: Thérèse Coffey (Conservative - Suffolk Coastal)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how many prosecutions Companies House has launched for giving false information in registration of a company in each year since 2019.
Answered by Kevin Hollinrake - Minister of State (Department for Business and Trade)
Companies House does not bring prosecutions under section 1112 of the Companies Act 2006 for a false statement offence but refer such potential cases to the Insolvency Service for investigation and prosecution.
The number of prosecutions commenced by the Insolvency Service for a false statement offence contrary to s1112 of the Companies Act 2006 in each year since 2019 is:
2019 | 0 |
2020 | 0 |
2021 | 1 |
2022 | 0 |
2023 | 0 |
2024 | 1 |
Asked by: Thérèse Coffey (Conservative - Suffolk Coastal)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what steps her Department is taking to help increase business investment in Suffolk.
Answered by Alan Mak - Minister of State (Department for Business and Trade) (jointly with the Cabinet Office)
The Department for Business and Trade works with local stakeholders to promote investment opportunities in the region to potential overseas investors and provide support for foreign investors wishing to set up in the area. The Government works closely with clients to understand their requirements and to reduce any barriers which may inform the client’s decision to locate in the region.
The Government is also backing the Freeport East to create new jobs and attract new businesses in high growth sectors such as advanced manufacturing and engineering.
The Government supports a range of programmes dedicated to supporting small and medium businesses to grow. This includes free access to the Business Support Helpline, Help to Grow, Growth Hubs, UK Export Academy, International Trade Advisors, and the Export Digital Enquiry Service. Government funded support is also available through the British Business Bank.
Asked by: Thérèse Coffey (Conservative - Suffolk Coastal)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how many Government funded start-up loans have been issued (a) in every year since 2012 and (b) in total.
Answered by Kevin Hollinrake - Minister of State (Department for Business and Trade)
As of January 2024, a total of 110,699 Start Up Loans have been issued since 2012 with an aggregate value of £1,075,873,213.
The attached table contains a breakdown of Start Up Loans issued by year, from 2012-13 to Jan 2024.
Year | Loans Made | Amount Lent |
2012-13 | 1884 | £ 9,578,673 |
2013-14 | 12647 | £ 70,146,440 |
2014-15 | 13543 | £ 66,902,431 |
2015-16 | 9191 | £ 64,961,014 |
2016-17 | 9263 | £ 89,618,969 |
2017-18 | 8521 | £ 104,723,856 |
2018-19 | 7896 | £ 83,258,440 |
2019-20 | 8532 | £ 95,572,650 |
2020-21 | 11318 | £ 137,286,554 |
2021-22 | 10372 | £ 130,745,218 |
2022-23 | 9536 | £ 119,952,292 |
2023-24 | 7996 | £ 103,126,676 |
|
|
|
Totals (2012-2024) | 110699 | £ 1,075,873,213 |