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Written question asked by Wendy Chamberlain (Liberal Democrat) on Thursday, 14 May 2026, in the House of Commons. It was due for an answer on Thursday, 21 May 2026 (named day). It was answered by Chris Bryant (Labour) on Thursday, 21 May 2026 on behalf of the Department for Business and Trade.


Business: Operating Costs

Question

What steps he is taking to support businesses with operating costs.

Answer

This Government recognises that SMEs have faced a challenging set of cost pressures over the past year, and we are taking action to reduce those costs and improve cash flow.

We are cutting the administrative burden of regulation by £5.6 billion, supporting businesses through a £4.3 billion business rates package, protecting apprenticeship funding, and improving payment practices so firms are paid more quickly and reliably.

Taken together, these will help businesses manage costs, strengthen resilience, and focus on growth.


Secondary information

Type
Written question
Reference
900085
Session
2026-27
Question not reached
Yes
Subjects
Business Operating costs
Link
View this Written question on www.parliament.uk