Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Tim Farron Excerpts
Tuesday 27th January 2026

(1 day, 8 hours ago)

Commons Chamber
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Tim Farron Portrait Tim Farron (Westmorland and Lonsdale) (LD)
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Has the Minister assessed what proportion of British Business Bank grant funding goes to the smallest of businesses? One in four people in my constituency works for themselves or for very small businesses. To what extent is she working to ensure that smaller businesses—those employing 10 people or fewer, which are the very bedrock of our economy in the lakes and dales in Cumbria—know about the availability of those loans and are talked through the difficult process of applying for and receiving them, so that we can invest in rural communities like mine?

Lucy Rigby Portrait Lucy Rigby
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On the Government’s policies vis-à-vis businesses as a whole, we support the sort of businesses the hon. Member refers to in a whole range of ways. On businesses in his area, 80% of the recent deployment of the growth guarantee scheme was outside London.