Written Question·Department for Business and Trade·UIN 42169

New Businesses: Finance

Tabled: 27 March 2025
Answered: 10 April 2025

Question

Phil Brickell

LabourBolton West

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the adequacy of the ability of newly formed companies to access finance.

Answer

Gareth Thomas
The Government works with the British Business Bank to improve the access to finance landscape for smaller businesses. An example of the Bank’s interventions is the Start Up Loans programme which provides personal loans to start up a new business or devel...

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