Small Businesses: Lancashire
Commons · Question 54076 · Tabled 21 May 2025 · Department for Business and Trade · Official record
Answered 6 Jun 2025
Question
Asked by Andrew Snowden
To ask the Secretary of State for Business and Trade, what recent assessment he has made of the potential impact of inflation on small and medium businesses in (a) Fylde constituency and (b) Lancashire.
Answer
Answered by Gareth Thomas, 6 Jun 2025
DBT monitors the financial health of the SME population using a wide range of sources, including the SME Finance Monitor which stated that in 2024, 35% of SMEs rated costs as a major obstacle to running business in the next 12 months, compared with 38% in...