Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what fiscal steps he plans to take to help support small businesses with their business costs in Hornsey and Friern Barnet constituency.

The Government's Plan for Small Businesses, published in July, sets out the measures that Government is taking to support small businesses across the UK. This includes legislation to end the scourge of late payments which costs the UK economy £11bn annually and proposals to increase access to finance through the British Business Bank.

The Department for Business and Trade provides core funding to 41 Growth Hubs across England, with £15 million (including £540,700 for Grow London Local) committed for 2025/26. Businesses in London can access advice and support for any stage of their business journey via Grow London Local, and business.gov.uk.