A question on #NewBusinesses tabled by Lord Taylor of Warwick on 19-11-2024 has been answered by Baroness Jones of Whitchurch.

Heading: New Businesses
Question ID: 1742976
UIN: HL2682
House: Lords
Date tabled: 2024-11-19
Asking Member ID: 1796
Asking Member display name: Lord Taylor of Warwick
Asking Member handle: Lord_ofWarwick
Asking Member Twitter reference: @Lord_ofWarwick
Member interest: false
Question text: To ask His Majesty's Government what assessment they have made of the reduction in the number of new businesses opening in the UK.
Is named day: false
Date of holding answer:
Date answered: 2024-12-03
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 3792
Answering Member display name: Baroness Jones of Whitchurch
Answering Member handle: WhitchurchGirl
Answering Member Twitter reference: @WhitchurchGirl
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: Start-ups play a crucial role in fostering competition, inducing innovation and supporting the emergence of brand new sectors. The number of UK business births has fallen by 6%, to around 316,000 in 2023. ONS UK Business Demography 2023, published 18 Nove...
Original answer text:
Comparable answer text:
Answering body ID: 214
Answering body name: Department for Business and Trade
Tweeted: true