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Written question asked by Lord Hay of Ballyore (Democratic Unionist Party) on Tuesday, 3 September 2019, in the House of Lords. It was due for an answer on Tuesday, 17 September 2019. It was answered by Lord Duncan of Springbank (Conservative) on Tuesday, 8 October 2019 on behalf of the Northern Ireland Office.

Business: Northern Ireland

Question

To ask Her Majesty's Government what steps they are taking to support Northern Ireland's business community.

Answer

The UK Government is committed to supporting businesses across the UK as part of the Prime Minister’s commitment to levelling up our regions. In doing so, the UK Government has supported NI businesses through:

  • The British Business Bank, which has supported 1,250 SMEs in Northern Ireland with £80.2m (as at December 2018) since 2014. In the last year alone, over 1,000 loans have been granted to NI businesses, valued at £7.3m;
  • At Spring Statement, a UK-wide review of the Aggregates Levy was launched which will consider the impact of the levy on businesses in Northern Ireland; and
  • Delivering an ambitious set of City Deals worth over £400m.

Secondary information

Type
Written question
Reference
HL17635
Session
2017-19
Subjects
Business Northern Ireland
Link
View this Written question on www.parliament.uk