2 Dec 2024·Department for Business and Trade·Answered
AskedWhat steps he is taking to reduce the (a) risk of and (b) impact from fires in agricultural vehicles.
ReplyThe Supply of Machinery (Safety) Regulations 2008 set out the essential requirements that must be met before a machinery product is placed on the UK market, in order to protect users of that machinery from any undue harm. This includes agricultural vehicl...
26 Nov 2024·Department for Business and Trade·Answered
AskedFor what reason there is no mention of (a) farming and (b) agriculture in the Government's industrial strategy entitled Invest 2035: the UK's modern industrial strategy, published in October 2024.
ReplyThe Industrial Strategy identified eight growth-driving sectors but all sectors can shape and will benefit from wider policy reform through the Industrial Strategy’s cross-cutting policies alongside the broader Growth Mission. This will create the pro-bus...
19 Nov 2024·Department for Business and Trade·Answered
AskedWhat steps he is taking to support food producers from Lincolnshire to increase exports.
ReplyDBT provides a wide-ranging package of export support for food and drink businesses in Lincolnshire and the whole of the UK. This includes educational support to upskill food producers via our Export Academy and one to one support from International Trade...
12 Nov 2024·Department for Business and Trade·Answered
AskedWhat assessment he has made of the economic impact of foreign direct investment projects in Lincolnshire in the last five years.
ReplyThe Department for Business and Trade (DBT) looks to encourage investment across the UK, working closely with relevant economic development and inward investment officers across the whole of the Lincolnshire region. Investment into the region has seen 1,2...
12 Nov 2024·Department for Business and Trade·Answered
AskedWhat steps his Department is taking to help support the growth of independent brewers in Lincolnshire.
ReplyIndependent brewers, including those in Lincolnshire, are at the heart of many of our communities and important for economic growth.The government is reducing alcohol duty on qualifying draught products, representing an overall reduction in duty bills of ...
8 Nov 2024·Department for Business and Trade·Answered
AskedHow many jobs were created in Lincolnshire as a result of foreign direct investment in the last five years.
ReplyOfficial statistics at https://www.gov.uk/government/statistics/dbt-inward-investment-results-2023-to-2024 show that 1,295 new jobs were created in Greater Lincolnshire Local Enterprise Partnership (LEP) in 2021-22, 1,159 in 2022-23 and 198 in 2023-24. St...
4 Oct 2024·Department for Business and Trade·Answered
AskedIf he will update the powers of the Groceries Code Adjudicator to increase the maximum fine levy amount.
ReplyThe Groceries Code Adjudicator (GCA) can impose a financial penalty on a large retailer if, following an investigation, it has been found to have breached the Groceries Supply Code of Practice. The permitted maximum fine is 1% of the retailer’s annual UK ...
4 Oct 2024·Department for Business and Trade·Answered
AskedWhat steps his Department is taking to promote investment opportunities for businesses based in Lincolnshire.
ReplyThe Government-owned British Business Bank supports business investment across the UK including through its Nations and Regions Investment Funds. This includes the £400m Midlands Engine Investment Fund II, supporting growing businesses across the Midlands...
12 Sept 2024·Department for Business and Trade·Answered
AskedHow many retailers were handed fines by the Groceries Code Adjudicator in (a) 2022 and (b) 2023.
ReplyThe Groceries Code Adjudicator (GCA) has powers to investigate where there are reasonable grounds to suspect the Code has been breached by a designated retailer. If an investigation finds the Code has been breached, the GCA can make recommendations, requi...
5 Sept 2024·Department for Business and Trade·Answered
AskedWhat trade deals his Department is (a) negotiating and (b) not currently negotiating.
ReplyWe are resuming delivery of the UK’s programme negotiating new and updated FTAs, starting with the Gulf Co-operation Council, India, Israel, Republic of Korea, Switzerland, and Turkey. This is the extent of the current bilateral FTA programme. The Secreta...
18 Jul 2024·Department for Business and Trade·Answered
AskedWhat steps he is taking to help support pubs in rural areas.
ReplyEligible retail, hospitality and leisure properties currently benefit from 75 per cent business rates relief, up to a cash cap of £110,000 per business for 2024-25. The small business multiplier is frozen at 49.9p for 2024/25. The government identified that the current business rates system disincentivises investment, creates uncertainty and places an undue burden on our high streets. In England, the government will replace the business rates system, so we can raise the same revenue but in a fairer way. We will establish Skills England, a new partnership with employers at its heart and reform the apprenticeship levy, a key ask of hospitality businesses. The English Devolution Bill will establish a new framework for English devolution. It will give local leaders the tools they need to drive growth, including empowering communities with a strong new ‘right to buy’ for valued community assets, such as empty shops and pubs.
18 Jul 2024·Department for Business and Trade·Answered
AskedIf he will take steps to improve small businesses’ ability to access finance.
ReplySmall businesses are the beating heart of our high streets, our communities, and essential to our economic success. This Government will hardwire the voice of small business into everything we do.The Government is committed to improving access to finance for small businesses by reforming the British Business Bank and freeing up capital for small and medium-sized firms so they can expand. We have also announced our plan to align key institutions under the National Wealth Fund, which will boost growth and unlock investment. They can also access support from UK Export Finance, which helps UK exporters win contracts, fulfil orders, and receive payment by providing guarantees, insurance and loans to support export activities.
17 Jul 2024·Department for Business and Trade·Answered
AskedWhat steps he is taking to help support small shops.
ReplyEligible retail, hospitality and leisure properties currently benefit from 75 per cent business rates relief, up to a cash cap of £110,000 per business for 2024-25. The small business multiplier is frozen at 49.9p for 2024/25, protecting over a million ratepayers from bill increases. The British Business Bank supports SMEs to grow by improving their access to finance. The Growth Guarantee Scheme offers a 70% government guarantee on loans to SMEs of up to £2 million in Great Britain, and £1 million in Northern Ireland and is available until the end of March 2026.