Asked by: Wendy Morton (Conservative - Aldridge-Brownhills)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of the high growth accelerator programme in the West Midlands on the number of new jobs created in Aldridge-Brownhills constituency.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
The High Growth Accelerator is a great example of locally led business growth delivered by the West Midlands Combined Authority through Business Growth West Midlands.
Last year’s pilot saw fifty SMEs on track to boost investment and turnover by £20m with the West Midlands. The High Growth Accelerator continues into its second year, and the Department will be working closely with the Combined Authority to support its outcomes.
DBT will be launching its New Business Growth Service which will make it easier and quicker for SMEs to find government advice and support and will be an integral part of the SME Strategy that will be published in 2025.
Asked by: Wendy Morton (Conservative - Aldridge-Brownhills)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of the high growth accelerator programme in the West Midlands on the number of new SMEs created in Aldridge-Brownhills constituency.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
The High Growth Accelerator is a great example of locally led business growth delivered by the West Midlands Combined Authority through Business Growth West Midlands.
Last year’s pilot saw fifty SMEs on track to boost investment and turnover by £20m with the West Midlands. The High Growth Accelerator continues into its second year, and the Department will be working closely with the Combined Authority to support its outcomes.
DBT will be launching its New Business Growth Service which will make it easier and quicker for SMEs to find government advice and support and will be an integral part of the SME Strategy that will be published in 2025.
Asked by: Wendy Morton (Conservative - Aldridge-Brownhills)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of the high growth accelerator programme in the West Midlands on the levels of investment secured by SMEs in Aldridge-Brownhills constituency.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
The High Growth Accelerator is a great example of locally led business growth delivered by the West Midlands Combined Authority through Business Growth West Midlands.
Last year’s pilot saw fifty SMEs on track to boost investment and turnover by £20m with the West Midlands. The High Growth Accelerator continues into its second year, and the Department will be working closely with the Combined Authority to support its outcomes.
DBT will be launching its New Business Growth Service which will make it easier and quicker for SMEs to find government advice and support and will be an integral part of the SME Strategy that will be published in 2025.
Asked by: Wendy Morton (Conservative - Aldridge-Brownhills)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what discussions he has had with the Chancellor of the Exchequer on the potential impact of the Employment Rights Bill on economic growth.
Answered by Justin Madders - Parliamentary Under Secretary of State (Department for Business and Trade)
The Secretary of State, responsible Ministers and policy officials meet regularly with their counterparts in HM Treasury. This includes on discussions related to delivering the biggest upgrade to workers' rights in a generation through the Employment Rights Bill. Our analysis shows the package could have “a positive but small direct impact on economic growth” and will “help to raise living standards across the country and create opportunities for all.”
This represents the best estimate for the likely impacts given the current stage of policy development. We plan to refine our analysis as policy development continues, working closely with external experts, businesses and trade unions.
Asked by: Wendy Morton (Conservative - Aldridge-Brownhills)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what discussions his Department has had with the West Midlands Combined Authority on increasing levels of Foreign Direct Investment in the West Midlands.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
My department have and continue to hold discussions on attracting private investment to the West Midlands and across the UK. We work with clients to understand their requirements and to reduce barriers which inform the client’s decision to locate in the region.
The West Midlands region continues to attract FDI across sectors to enhance economic growth and prosperity. My department, as announced, will include the new expanded Office for Investment which will lead the work on attracting investment into our cities and regions.
Asked by: Wendy Morton (Conservative - Aldridge-Brownhills)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether his Department had discussions with the West Midlands Combined Authority prior to the visit to China by the Mayor of the West Midlands.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
My department, with officials from FCDO, directly supported a number of Combined Authority leaders on this visit to China, which included the Mayor of the West Midlands. The programme focused on strengthening growth across regions to enhance investment and diplomatic relationships. Economic growth and investment remain a fundamental priority for this Government, and we will continue to support regional mayors and our nations to forge global relationships with investors and businesses to promote the UKs investment credentials.
Asked by: Wendy Morton (Conservative - Aldridge-Brownhills)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of the Employment Rights Bill on business confidence and growth.
Answered by Justin Madders - Parliamentary Under Secretary of State (Department for Business and Trade)
The Department for Business and Trade has published a set of Impact Assessments that provide a comprehensive analysis on the potential impact of the Employment Rights Bill. This analysis includes con-sideration of impacts on businesses and economic growth and concludes the package could have “a positive but small direct impact on economic growth” and will “help to raise living standards across the country and create opportunities for all.”
This represents the best estimate for the likely impacts given the current stage of policy development. We plan to refine our analysis as policy development continues, working closely with external experts, businesses and trade unions.
Asked by: Wendy Morton (Conservative - Aldridge-Brownhills)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, pursuant to the Answer 18 March 2025 to Question 36660 on USA: Trade Agreements, if he will set out his the expected timeline for an economic deal.
Answered by Douglas Alexander - Minister of State (Cabinet Office)
On Tuesday 18 March, the Secretary of State for Business and Trade met with US Commerce Secretary Howard Lutnick, US Trade Representative Jamieson Greer and the Special Envoy to the UK Mark Burnett in Washington DC. The meeting followed last month’s agreement between the Prime Minister and President Trump that teams would start working together on an Economic Prosperity Deal, building on our shared strengths and commitment to economic security. Ministers and officials will be continuing discussions moving forward.
Asked by: Wendy Morton (Conservative - Aldridge-Brownhills)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what steps are being considered to reduce financial burdens on small and independent high street businesses.
Answered by Gareth Thomas - Parliamentary Under Secretary of State (Department for Business and Trade)
This government is committed to creating a fairer business rates system for small businesses on the high street. From 2026-27, we will introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties with rateable values of less than £500,000.
We recognise that businesses will need support during this period of transition. RHL relief will be extended for one year at 40% and the small business multiplier will be frozen for one year. This package is worth over £1.5 billion in 2025-26 and is aimed at supporting the most vulnerable businesses.
Our new Business Growth Service will make it easier for businesses across the UK to get the help, support and advice they need. It will bring together existing offers including Business Support Service and the network of local Growth Hubs across England. Our forthcoming Small Business Strategy will set out how we intend to further support small businesses on the high street and beyond.
Asked by: Wendy Morton (Conservative - Aldridge-Brownhills)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what plans he has to negotiate any new state-level trade agreements with the United States.
Answered by Douglas Alexander - Minister of State (Cabinet Office)
The UK is exploring various avenues to strengthen UK-U.S. trade ties and support economic growth, in tandem with development of the Industrial and Trade Strategies. The UK continues to deliver against commitments in signed Memoranda of Understanding (MoUs) with individual U.S. states, to help UK businesses deepen their commercial links and facilitate trade.
The UK most recently signed an MoU concerning co-operation on economic relations, trade and investment with the State of Colorado on 27 January 2025