Question to the Department for Business and Trade:

To ask His Majesty's Government, in regard to the BBC report about high prices that businesses can pay to rent phone equipment on lengthy finance deals, what assessment they have made of the impact of finance agreements on equipment, such as phones, on small businesses.

The Department for Business and Trade has not made any assessment of the impact of financial agreements on equipment in relation to small businesses.

Businesses can reach out to the Business Support Service or their Local Growth Hub for further support and advice before taking out any finance agreements. Further financial support can be found via the Business Finance Finder on https://www.gov.uk/business-finance-support