Small Businesses: Insolvency

(asked on 13th May 2026) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of the UK’s exit from the EU on the rate of small and medium-sized enterprise dissolution since 2021.


Answered by
Chris Bryant Portrait
Chris Bryant
Minister of State (Department for Business and Trade)
This question was answered on 22nd May 2026

Small and medium-sized enterprise (SMEs) have faced significant challenges trading with the EU since Brexit. This Government regularly engages with business representative organisations and industry stakeholders to understand the implications.

The UK-EU Summit in May 2025 marked a turning point. Negotiations on a food and drink agreement and on linking Emissions Trading Schemes will help reduce costs and red tape for UK businesses.

Our Business Growth Services provide practical support, including free business academy training and UK Export Finance for SMEs to export into the EU with confidence.

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