Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the Office of Financial Sanctions Implementation prioritises urgent licence applications from start-up businesses that are unable to secure further funding without an approved application.

As set out in its published guidance, the Office of Financial Sanctions Implementation prioritises licence applications at times of high demand, and, in particular, where there are issues of personal basic needs and/or wider humanitarian issues at stake which are of material impact or urgency, or which are deemed to be of particular strategic, economic or administrative importance.