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Small Businesses

Asked by Paul DaviesLabourDepartment for Business and TradeTabled Answered 5 September 2025UIN 71836

The question

To ask the Secretary of State for Business and Trade, what recent progress his Department has made on the Small Business Command Paper.

Answered by Gareth Thomas

We launched ‘Backing Your Business – our plan for small and medium-sized enterprises’ on 31 July. It is a long-term strategy focussing on five areas:

  1. Fixing the Fundamentals by tackling late payments and cutting regulatory burdens
  2. Unlocking Access to Finance
  3. Backing the Everyday Economy by revitalising our high streets
  4. Future-Proofing SMEs with support for digital adoption
  5. Opening Up Opportunities through export support, public procurement reform, and a new Business Growth Service

This strategy, together with the Industrial Strategy, is just the start of our commitment to work hand-in-hand with SMEs to drive growth.

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