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United Kingdom · Question · Written question

UIN 17110

Cost of Living: Small Businesses

answeredUnited Kingdom· UK Parliament· EN

Introduced

13 June 2022

Last action

21 June 2022 · Answer

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Answered

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21 June 2022

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the effect of trends in the level of consumer spending on small businesses across the UK as the cost of living increases.

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Timeline

  1. 13 June 2022

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the effect of trends in the level of consumer spending on small businesses across the UK as the cost of living increases.

    Source: Commons

  2. 21 June 2022

    Answer

    BEIS monitors a range of indicators across the economy, including consumer spending and business health. The most recent ONS data[i] indicate that most businesses, including small businesses, reported that April turnover increased or stayed the same, comp...

    Source: Written answer

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