Written questions

Small Businesses: North East

Commons · Question 86412 · Tabled 29 Oct 2025 · Department for Business and Trade · Official record

Answered 3 Nov 2025

Question

Asked by Joe Morris

To ask the Secretary of State for Business and Trade, what estimate his Department has made of the number of small and medium sized businesses that have secured angel investment in the last 12 months in (a) Hexham constituency, (b) Northumberland, (c) New

Answer

Answered by Blair McDougall, 3 Nov 2025

Surveys by the UK Business Angels Association indicate that around 90% of business angels invest using either the Enterprise Investment Scheme (EIS) or Small Enterprise Investment Scheme (SEIS). Therefore, while the Department does not collect data on ang...