Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, whether she has made an assessment of the impact of recent economic growth figures on small and medium businesses in (a) Newport West constituency and b) Wales.

The Secretary of State is regularly assessing the impact of economic growth, working with the Secretary of State for Wales to support SMEs.

The Government continues to support businesses, through Help to Grow: Management, Business Support Helpline and GOV.UK.

Wales is benefiting from £2.5 billion in levelling up funding to create jobs and grow the economy, and there will be two Investment Zones in Wales worth £160 million each, with one located across Cardiff and Newport.

The Government has provided business rates relief in England, whilst the Welsh Government has cut the rates relief, effectively doubling business rates in Wales.