Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what fiscal steps his Department is taking to support small businesses in (a) Coventry North East constituency, (b) Coventry, (c) the West Midlands and (d) England.

Small businesses are the lifeblood of our economy. Small businesses across the West Midlands will benefit from the £105 million the area has received from the UK Shared Prosperity Fund, which ramps up to £1.5bn this coming year. This will enable the West Midlands to invest in business support, people and wider regeneration.

The Government also funds a network of 37 Growth Hubs across England to give free support and advice to businesses. Additionally, the Made Smarter Adoption programme, which has been operating in multiple regions including the West Midlands, helps manufacturing SMEs adopt advanced digital technology and is being expanded to further regions in England in 2025/26.