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 implications for his small business plan of research published by Intuit QuickBooks in August 2025 entitled Intuit QuickBooks Small Business Index.

The Government published its Small Business Plan in July 2025 delivering the most comprehensive package of support for small and medium sized businesses in a generation

The Plan outlines a series of actions, including unlocking access to finance, ending the scourge of late payments and revitalising high streets. It was developed through engagement with businesses and drew on a significant body of evidence and research. The Intuit report referenced was published after the Plan’s launch.

We will continue to monitor delivery of the Small Business Plan and work with businesses as we implement it, alongside the Modern Industrial and Trade Strategies.