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To ask the Secretary of State for Business and Trade, what estimate his Department has made of the number of jobs that have been created in the small business sector in Northern Ireland in the period since the inception of the Investment Fund for Northern Ireland.
To ask the Secretary of State for Business and Trade, what estimate his Department has made of the number of jobs that have been created in the small business sector in Northern Ireland in the period since the inception of the Investment Fund for Northern Ireland.
The £70million Investment Fund for Northern Ireland has been open for applications since November 2023. From inception to May 2025, a total of £18million has been lent or invested in 35 businesses in Northern Ireland; this investment has also led to the crowding in of an additional £12million in private sector funding.
It is not possible at this early stage to estimate the number of jobs that have been created as a result. The benefits generated by the fund for the Northern Ireland economy, including additional Gross Value Added and jobs created, will be assessed by independent evaluations of the fund, likely to take place in 2026 at the earliest.
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of the high growth accelerator programme in the West Midlands on the number of new jobs created in Aldridge-Brownhills constituency.
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of the high growth accelerator programme in the West Midlands on the number of new jobs created in Aldridge-Brownhills constituency.
The High Growth Accelerator is a great example of locally led business growth delivered by the West Midlands Combined Authority through Business Growth West Midlands.
Last year’s pilot saw fifty SMEs on track to boost investment and turnover by £20m with the West Midlands. The High Growth Accelerator continues into its second year, and the Department will be working closely with the Combined Authority to support its outcomes.
DBT will be launching its New Business Growth Service which will make it easier and quicker for SMEs to find government advice and support and will be an integral part of the SME Strategy that will be published in 2025.
To ask the Chancellor of the Exchequer, what assessment he has made of the impact of the Seed Enterprise Investment Scheme on (a) small businesses, (b) investment and (c) job creation.
To ask the Chancellor of the Exchequer, what assessment he has made of the impact of the Seed Enterprise Investment Scheme on (a) small businesses, (b) investment and (c) job creation.
At Autumn Statement 2023, the Government published the report of an independent evaluation of the Seed Enterprise Investment Scheme (SEIS), conducted in 2022. The full report can be found on the GOV.UK Website here: Evaluation of Venture Capital Schemes - GOV.UK (www.gov.uk)
I certainly agree with my hon. Friend; I saw that when I was part of the armed forces parliamentary scheme and went on a visit to, if not his constituency, somewhere very near it. A key part of the Government’s levelling-up agenda is their doing whatever they can to remove...
I certainly agree with my hon. Friend; I saw that when I was part of the armed forces parliamentary scheme and went on a visit to, if not his constituency, somewhere very near it. A key part of the Government’s levelling-up agenda is their doing whatever they can to remove...
I beg to move,
That this House has considered procurement and the UK defence industry.
It is a pleasure to see you in the Chair, Mr Davies. I should start by declaring an interest, in that my partner is a serving member of the armed forces and currently deployed overseas.
When the UK...
I beg to move,
That this House has considered procurement and the UK defence industry.
It is a pleasure to see you in the Chair, Mr Davies. I should start by declaring an interest, in that my partner is a serving member of the armed forces and currently deployed overseas.
When the UK...
My hon. Friend is making a fantastic speech. We have seen a sea change in procurement, and the results are coming through on the ground. I have MIRA in my patch, which is involved in Spiral 3 and the development of unmanned ground vehicles. The benefit of the way the...
My hon. Friend is making a fantastic speech. We have seen a sea change in procurement, and the results are coming through on the ground. I have MIRA in my patch, which is involved in Spiral 3 and the development of unmanned ground vehicles. The benefit of the way the...
I completely support my hon. Friend’s point, and I am delighted that Compact Orbital Gears in my constituency works closely with MIRA in his constituency. That is the type of arrangement that the Government should be facilitating, and I fully endorse his words.
I firmly believe that, as my hon. Friend...
I completely support my hon. Friend’s point, and I am delighted that Compact Orbital Gears in my constituency works closely with MIRA in his constituency. That is the type of arrangement that the Government should be facilitating, and I fully endorse his words.
I firmly believe that, as my hon. Friend...
Does my hon. Friend agree that the new medium helicopter programme is a very good example of how we can support skills development, and the sustainment of those skills—particularly design skills—in the defence manufacturing sector? My college in Yeovil works closely with Leonardo to provide apprenticeships in exactly the sorts...
Does my hon. Friend agree that the new medium helicopter programme is a very good example of how we can support skills development, and the sustainment of those skills—particularly design skills—in the defence manufacturing sector? My college in Yeovil works closely with Leonardo to provide apprenticeships in exactly the sorts...
I am pleased to respond to this important debate and very grateful to my hon. Friend the Member for Brecon and Radnorshire (Fay Jones) for securing it. This is Armed Forces Week, so I would like briefly to reflect on the important contributions of our military, especially the Welsh elements,...
I am pleased to respond to this important debate and very grateful to my hon. Friend the Member for Brecon and Radnorshire (Fay Jones) for securing it. This is Armed Forces Week, so I would like briefly to reflect on the important contributions of our military, especially the Welsh elements,...
Reflecting on the point that the Minister has just made, I wonder whether he would like to express his esteem for the 10,000 manufacturing jobs in Scotland that support defence operations in the United Kingdom as they take effect across the world and, in so doing, recognise that those jobs...
Reflecting on the point that the Minister has just made, I wonder whether he would like to express his esteem for the 10,000 manufacturing jobs in Scotland that support defence operations in the United Kingdom as they take effect across the world and, in so doing, recognise that those jobs...
Yes, indeed. I join the hon. Gentleman in commending, and reaffirming our commitment to and admiration for, those 10,000 defence jobs. He rightly points out that they exist because of the standard of international excellence that those workers achieve, particularly as part of our deterrent. I hope that he will...
Yes, indeed. I join the hon. Gentleman in commending, and reaffirming our commitment to and admiration for, those 10,000 defence jobs. He rightly points out that they exist because of the standard of international excellence that those workers achieve, particularly as part of our deterrent. I hope that he will...
Before the Minister moves swiftly on from the deterrent, I would like to take him back to aerospace. In the past he has been generous with his time and has met me to discuss the subject of the war widows, a subject that falls more within his own bailiwick. I...
Before the Minister moves swiftly on from the deterrent, I would like to take him back to aerospace. In the past he has been generous with his time and has met me to discuss the subject of the war widows, a subject that falls more within his own bailiwick. I...
I am happy to recommit our determination to ensure that SMEs are a part of our collective success. I am sure that the Minister for Defence Procurement will be delighted if I commit on his behalf to him meeting our right hon. Friend.
My hon. Friend the Member for Brecon and...
I am happy to recommit our determination to ensure that SMEs are a part of our collective success. I am sure that the Minister for Defence Procurement will be delighted if I commit on his behalf to him meeting our right hon. Friend.
My hon. Friend the Member for Brecon and...
Motion that this House has considered procurement and the UK defence industry. Agreed to on question.
Motion that this House has considered procurement and the UK defence industry. Agreed to on question.
Two years ago, Together Energy was providing 350 jobs in my constituency, leading on innovation for small and medium-sized utility companies. Yesterday, it went bust. While his Prime Minister and his Chancellor are missing in action doing other stuff, can the Minister tell me what his Government and Ofgem are doing to support small and medium-sized utility companies deliver zero emissions and deliver jobs in my constituency?
Two years ago, Together Energy was providing 350 jobs in my constituency, leading on innovation for small and medium-sized utility companies. Yesterday, it went bust. While his Prime Minister and his Chancellor are missing in action doing other stuff, can the Minister tell me what his Government and Ofgem are doing to support small and medium-sized utility companies deliver zero emissions and deliver jobs in my constituency?
I am not going to take any lectures from the hon. Gentleman. He knows very well that the Government are working very closely with the sector. He knows that we have put in place a price cap, and he knows that, when it comes to jobs, this Government are investing, and we want to see 2 million green jobs created over the coming decades.
I am not going to take any lectures from the hon. Gentleman. He knows very well that the Government are working very closely with the sector. He knows that we have put in place a price cap, and he knows that, when it comes to jobs, this Government are investing, and we want to see 2 million green jobs created over the coming decades.
I am not going to take any lectures from the hon. Gentleman. He knows very well that the Government are working very closely with the sector. He knows that we have put in place a price cap, and he knows that, when it comes to jobs, this Government are investing, and we want to see 2 million green jobs created over the coming decades.
Two years ago, Together Energy was providing 350 jobs in my constituency, leading on innovation for small and medium-sized utility companies. Yesterday, it went bust. While his Prime Minister and his Chancellor are missing in action doing other stuff, can the Minister tell me what his Government and Ofgem are doing to support small and medium-sized utility companies deliver zero emissions and deliver jobs in my constituency?
Urgent question on the implementation of the kickstart scheme. Sitting suspended.
Urgent question on the implementation of the kickstart scheme. Sitting suspended.
To ask the Secretary of State for Work and Pensions if she will make a statement on the implementation of the kick-start scheme.
To ask the Secretary of State for Work and Pensions if she will make a statement on the implementation of the kick-start scheme.
Yesterday, the Government launched our new kick-start scheme, as set out in the written ministerial statement and the letter sent to all Members of both Houses. This £2 billion programme will fund the direct creation of thousands of additional jobs for young people at risk of long-term unemployment, to improve...
Yesterday, the Government launched our new kick-start scheme, as set out in the written ministerial statement and the letter sent to all Members of both Houses. This £2 billion programme will fund the direct creation of thousands of additional jobs for young people at risk of long-term unemployment, to improve...