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 adequacy of support available to help small businesses reduce the impact of US tariffs in Fylde.
We will continue our work with businesses in the North-West and across the country to understand their assessment of the impact of US tariffs on their operations.
The Government has announced a range of measures to support SMEs, including access to additional finance through the British Business Bank and sector specific measures.
We are also expanding UKEF’s business support package by £20 billion, with £10 billion specifically aimed at businesses impacted by the current US tariffs.
Any business which is concerned about what tariff changes mean for them can find further guidance and support on great.gov.uk.