Subject	Predicate	Object
AvQn4WGb	a	Resource
		Answer
		Written answer
	answer has question	J2XuWyVT
	answer has answering person	Kevin Paul Hollinrake
	answer text	<p>The Government recognises the impact rising prices are having on businesses, including those in Coventry North East and Coventry constituency, and is engaging with businesses across the UK to understand these challenges and explore ways to mitigate them.</p><p> </p><p>The Government has reversed the National Insurance rise, saving SMEs approximately £4,200 on average, implemented the cut to fuel duty for 12 months and raised the Employment Allowance to £5,000. The Energy Bill Relief Scheme will protect SMEs from high energy costs over the winter.</p><p> </p><p>In addition, at the Autumn Statement, my Rt Hon Friend Mr Chancellor of the Exchequer announced £13.6 billion of support for businesses over the next five years, reducing the burden of business rates for SMEs.</p>
	answer given date	2023-01-30
	answer has answering body	Department for Business, Energy and Industrial Strategy
	written answer has answering body	Department for Business, Energy and Industrial Strategy
Department for Business, Energy and Industrial Strategy	answering body has written answer	AvQn4WGb
Department for Business, Energy and Industrial Strategy	answering body has answer	AvQn4WGb
J2XuWyVT	question has answer	AvQn4WGb
Kevin Paul Hollinrake	answering person has answer	AvQn4WGb