Business: Government Assistance

(asked on 17th April 2018) - View Source

Question to the HM Treasury:

What steps he is taking to support businesses and strengthen the market economy.


Answered by
John Glen Portrait
John Glen
This question was answered on 17th April 2018

This government aims to create an environment to help businesses to succeed. We are keeping taxes low, and ensuring firms can access the skills and support they need.

We have cut corporation tax to 19%, the lowest rate in the G20, and are developing a National Retraining Scheme so we are ready to seize opportunities in the new economy.

It is through measures like these, and the power of a vibrant and competitive market economy, that we will further drive growth and prosperity, encourage innovation and help raise living standards across the UK

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