Written Question·Department for Business and Trade·UIN 119645

Small Businesses: Closures and Contracts

Tabled: 10 March 2026
Answered: 12 March 2026

Question

Adam Dance

Liberal DemocratYeovil

To ask the Secretary of State for Business and Trade, what estimate he has made of the number of small to medium sized enterprises that are planning to close or contract over the 2026-2027 financial year.

Answer

Blair McDougall
The government is not able to make predictions on total future numbers of businesses starting, closing or contracting. Our plan is to make the UK the best place to start and grow a business, with a culture that supports entrepreneurship in every community...

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