Small Businesses: Government Assistance
The question
To ask the Secretary of State for Business and Trade, what steps his Department is taking to support small consultancy businesses.
Answered by Blair McDougall
The UK Government has, for the first time, chosen to put Professional and Business Services at the heart of our modern industrial policy, with consultancy as one of its key Frontier Sectors driving future growth.
The Department supports small consultancy businesses through a range of measures designed to improve capability, competitiveness and access to opportunities. Smaller consultancies benefit from improved access to government procurement and initiatives that encourage investment in digital, AI and innovation, helping them develop new services and grow sustainably. The government has pledged to cut regulatory administrative costs by 25% - a move designed to unlock growth, boost innovation and reduce burdens on businesses across key sectors.
In addition, SMEs can access tailored advice via the Business Growth Service, local Growth Hubs, the Help to Grow: Management scheme, and finance through the British Business Bank, strengthening their leadership, skills and long-term resilience.
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