Business: Operating Costs
The question
To ask the Secretary of State for Business and Trade, what steps his Department can take to communicate with businesses about rising operating costs in a clearer and more timely manner.
Answered by Blair McDougall
Ministers and their teams continue to work closely with SMEs and the trade associations that represent them, to ensure information on operating costs and Government’s support offer is clearly communicated through established business engagement channels. This includes providing key messages through our Backing your Business campaign.
We are committed to reducing operating costs for all UK businesses, including reducing the annual administrative burden of regulation by £5.6 billion by the end of the Parliament. The government has also introduced a support package worth £4.3 billion over the next three years to protect businesses seeing their business rates bills increase.
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