12 Sept 2024·Treasury·Answered
AskedIf she will take steps to incentivise companies to remain listed in London.
ReplyThe Government is committed to reinvigorating our capital markets to ensure they deliver for investors and firms to support global and UK growth. The UK is Europe’s leading hub for investment, and the Government is taking forward reforms to build on these...
12 Sept 2024·Department for Business and Trade·Answered
AskedWhat steps the Department is taking to improve the requirements for annual reporting for small and mid-sized quoted companies.
ReplyThe Government is reviewing non-financial reporting requirements and company size thresholds to simplify, streamline and reduce reporting obligations for all companies. Small quoted companies will benefit from the removal of unnecessary and duplicative re...
12 Sept 2024·Treasury·Answered
AskedWhat steps her Department is taking to help increase (a) investment and (b) listings for small and medium-sized businesses.
ReplyThe Government is committed to reinvigorating our capital markets to ensure they deliver for investors and firms to support global and UK growth. The UK is Europe’s leading hub for investment, and the Government is taking forward reforms to build on these...
12 Sept 2024·Department for Business and Trade·Answered
AskedWhat steps his Department is taking to help support the growth of small and medium-sized enterprises.
ReplySmall businesses are the beating heart of our communities. The Government will boost small business growth and productivity by delivering upon the commitments within Labour’s Plan for Small Business published prior to the election.On 19th September 2024, ...
12 Sept 2024·Department for Business and Trade·Answered
AskedWhat steps the Department is taking to ensure audit requirements are (a) accessible and (b) affordable for small and mid-sized quoted companies.
ReplyAudit standards for UK companies are adopted and set by the Financial Reporting Council (FRC), with reference to internationally-agreed standards. The law sets other requirements, such as which companies require audit.The Government will publish a draft A...
12 Sept 2024·Department for Business and Trade·Answered
AskedIf he will make an estimate of the proportion of economic growth that will be created by small and medium-sized enterprises in the next five years.
ReplySmall and Medium Enterprises make a significant contribution to economic growth, they currently represent 99.9% of the UK’s business population, account for 16.7 million jobs (61% of total UK employment), and generate £2.4 trillion in annual turnover (53%...
10 Sept 2024·Home Office·Answered
AskedWhat methodology she will use to assess progress in halving violence against women and girls within 10 years.
ReplyThis Government will treat tackling violence against women and girls as a national emergency and will ensure that every tool is used to target perpetrators and address the root causes of violence and misogyny.In measuring the level of VAWG we are taking a...
10 Sept 2024·Department for Business and Trade·Answered
AskedWith reference to the report entitled Labour's Plan to Make Work Pay, published on 24 May 2024, when he plans to bring forward legislative proposals to implement the policies set out in that report.
ReplyThe Government is committed to delivering the Plan to Make Work Pay in full. The Employment Rights Bill will be introduced within the first 100 days in Government and will play a key role in delivering aspects of the Plan to Make Work Pay.Ministers are id...
10 Sept 2024·Home Office·Answered
Asked(a) how and (b) with what frequency does her Department plan to report progress in delivering its target of halving violence against women and girls within 10 years.
ReplyThis Government will treat tackling violence against women and girls as a national emergency and will ensure that every tool is used to target perpetrators and address the root causes of violence and misogyny.In measuring the level of VAWG we are taking a...
30 Aug 2024·Department for Education·Answered
AskedWhat recent assessment she has made of the potential merits of implementing proposals for a growth and skills levy.
ReplyThe government is transforming the Apprenticeship Levy into a new Growth and Skills Levy. The new levy will build on the apprenticeships programme to create opportunities for learners of all ages, give employers of different sizes greater flexibility to address critical skill shortages in their workforces and drive economic growth.The department is working across government to develop the design of the Growth and Skills Levy and will set out more detail in due course. This will include further information on the role of Skills England in ensuring that levy-funded training delivers value for money and meets the needs of levy paying and non-levy paying businesses.
30 Aug 2024·Department for Education·Answered
AskedWith reference to the Answer of 18 October 2023 to Question 201370 on Apprentices: Finance, how she plans to fund the policy of allowing levy-paying companies to retain 50% of their contributions under the Growth and Skills levy.
ReplyThe government is transforming the Apprenticeship Levy into a new Growth and Skills Levy. The new levy will build on the apprenticeships programme to create opportunities for learners of all ages, give employers of different sizes greater flexibility to address critical skill shortages in their workforces and drive economic growth.The department is working across government to develop the design of the Growth and Skills Levy and will set out more detail in due course. This will include further information on the role of Skills England in ensuring that levy-funded training delivers value for money and meets the needs of levy paying and non-levy paying businesses.
30 Aug 2024·Department for Education·Answered
AskedWhether she has had discussions with the Chancellor of the Exchequer on funding the retention of 50% of the contributions of apprenticeship levy-paying companies.
ReplyThe government is transforming the Apprenticeship Levy into a new Growth and Skills Levy. The new levy will build on the apprenticeships programme to create opportunities for learners of all ages, give employers of different sizes greater flexibility to address critical skill shortages in their workforces and drive economic growth.The department is working across government to develop the design of the Growth and Skills Levy and will set out more detail in due course. This will include further information on the role of Skills England in ensuring that levy-funded training delivers value for money and meets the needs of levy paying and non-levy paying businesses.
30 Aug 2024·Department for Education·Answered
AskedWhat assessment she has made of the impact of the growth and skills levy on non-levy paying companies.
ReplyThe government is transforming the Apprenticeship Levy into a new Growth and Skills Levy. The new levy will build on the apprenticeships programme to create opportunities for learners of all ages, give employers of different sizes greater flexibility to address critical skill shortages in their workforces and drive economic growth.The department is working across government to develop the design of the Growth and Skills Levy and will set out more detail in due course. This will include further information on the role of Skills England in ensuring that levy-funded training delivers value for money and meets the needs of levy paying and non-levy paying businesses.
30 Aug 2024·Department for Education·Answered
AskedWhat assessment she has made of the financial impact of the proposed growth and skills levy on (a) non-levy paying companies, (b) the apprenticeship budget and (c) overall apprenticeship spending.
ReplyThe government is transforming the Apprenticeship Levy into a new Growth and Skills Levy. The new levy will build on the apprenticeships programme to create opportunities for learners of all ages, give employers of different sizes greater flexibility to address critical skill shortages in their workforces and drive economic growth.The department is working across government to develop the design of the Growth and Skills Levy and will set out more detail in due course. This will include further information on the role of Skills England in ensuring that levy-funded training delivers value for money and meets the needs of levy paying and non-levy paying businesses.
30 Aug 2024·Department for Education·Answered
AskedWhether she has made an assessment of the economic impact of growth and skills levy proposals to allow levy-paying companies to retain 50% of their contributions.
ReplyThe government is transforming the Apprenticeship Levy into a new Growth and Skills Levy. The new levy will build on the apprenticeships programme to create opportunities for learners of all ages, give employers of different sizes greater flexibility to address critical skill shortages in their workforces and drive economic growth.The department is working across government to develop the design of the Growth and Skills Levy and will set out more detail in due course. This will include further information on the role of Skills England in ensuring that levy-funded training delivers value for money and meets the needs of levy paying and non-levy paying businesses.
27 Aug 2024·Treasury·Answered
AskedWhat recent assessment she has made of the impact of levels of borrowing on public finances.
ReplyBorrowing for the first four months of the financial year was £51.4bn, £4.7bn higher than the OBR forecast in March. This adds to the challenging fiscal position the government has inherited, with debt at its highest level since the 1960s. The Chancellor has commissioned a full economic and fiscal forecast from the Office for Budget Responsibility for the Budget on 30th October.
19 Jul 2024·Department for Business and Trade·Answered
AskedWhat services are outsourced by his Department.
ReplyThe department outsources direct support to businesses through our Business Support Helpline and through our Export Support Service in specific international markets, alongside mediation services related to responsible business behaviour. The department also funds outsourced legal advice and support to those postmasters affected by the Post Office IT issues.
18 Jul 2024·Department for Business and Trade·Answered
AskedWhat estimate he has made of the cost to employers of plans to introduce statutory rights for trade union equality representatives.
ReplyThe Government is committed to introducing statutory rights for trade union equality representatives to strengthen equality at work for all. Further information including impact assessments will be published in due course.
18 Jul 2024·Department for Business and Trade·Answered
AskedWhat his planned timetable is for each consultation relating to worker's rights.
ReplyThe Government is committed to delivering the plan to Make Work Pay in full. The Employment Rights Bill will be key to delivery and we are committed to introducing this legislation to improve the rights of workers within 100 days.The details of this are in rapid developmentSome parts of the plan to Make Work Pay will take longer to review and implement. Work is underway to prepare consultations on several aspects of the plan. There are also parts of the plan that will not require primary legislation to implement. Ministers are identifying the most appropriate delivery mechanisms for the commitments in the plan and are committed to carrying out full and comprehensive consultation on the implementation of the plan to Make Work Pay.
18 Jul 2024·Department for Business and Trade·Answered
AskedHow many separate Government consultations are planned to support implementation of the proposals relating to worker's rights; and what the planned scope of each consultation is.
ReplyThe Government is committed to delivering the plan to Make Work Pay in full. The Employment Rights Bill will be key to delivery and we are committed to introducing this legislation to improve the rights of workers within 100 days.The details of this are in rapid developmentSome parts of the plan to Make Work Pay will take longer to review and implement. Work is underway to prepare consultations on several aspects of the plan. There are also parts of the plan that will not require primary legislation to implement. Ministers are identifying the most appropriate delivery mechanisms for the commitments in the plan and are committed to carrying out full and comprehensive consultation on the implementation of the plan to Make Work Pay.