Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many small and medium enterprises in Edmonton constituency have received financial support from the Government in 2022.

Businesses in Edmonton will have benefitted from the Government’s reversal of the National Insurance rise, which will save SMEs approximately £4,200 on average, cut to fuel duty for 12 months and the Energy Bill Relief Scheme, to protect small businesses from high energy costs over the winter. In addition, the Recovery Loan Scheme is available to SMEs across the UK.

Our Recovery Loan Scheme offers loans to help small businesses access the finance, in addition to existing support through our Help to Grow schemes all supporting businesses to grow, invest and thrive.

332 SMEs in Edmonton have received Start Up Loans to the value of £2,407,357 as of November 2022.