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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effect of his proposed Scale-Up Britain initiative on distributive tax reform for UK corporations.

Scale-up Britain is about harnessing and building on our existing strengths – our world class universities, the second most start-ups in the world, the biggest venture capital market in Europe – to make sure Britain leads in the emerging markets of the future. The world is changing rapidly, and Scale-up Britain is about making sure our country seizes that opportunity. Tax policy is a matter for my Rt. Hon. Friend Mr Chancellor of the Exchequer.