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

To ask the Secretary of State for Business, Energy and Industrial Strategy, Pursuant of the Answer of 1 November 2022 to Question 69604 on Business: Government Assistance, for what reasons his Department has not sought access to the list of businesses identified by Begbies Traynor as being in financial distress.

Each business is unique and business owners are best placed to assess the actions they need to take. They may seek advice from their accountant or another trusted source, tailored to their individual circumstances. The government does not offer individual financial advice and hence has not sought to contact the businesses identified by Begbies Traynor as being in financial distress.

The Government’s goal is to make the UK the best place in the world to start and grow a business. This means providing a supportive business environment, including access to the resources described in the answer to which the Hon. Member refers.