Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, pursuant to his Department’s press release entitled Top UK music acts awarded £1.4 million funding to raise profile, published on 2 March 2026, what independent analysis his Department has commissioned of the calculation that there is a £14 return for each £1 granted through MEGS.

The figure referenced in the press release was supplied by the BPI and is based on analysis of commercial outcomes reported by MEGS recipients in previous funding rounds. This is an industry estimate produced by the BPI and reflects their assessment of the scheme's impact on participating businesses. The estimate is based on industry held commercial data and is not used as an official Government economic metric.