Question to the Department for Business and Trade:

To ask His Majesty's Government what steps they are taking to safeguard firms from the effects of rising prices and supply chain disruptions.

This government is committed to ensuring that the UK is a reliable, supportive place to do business where firms can import the goods they need efficiently. At Spring Budget 2024 the government announced measures that continue to support business, including increasing the VAT registration threshold and extending the Recovery Loan Scheme (now named the Growth Guarantee Scheme).

Mitigating supply chain disruptions remains a priority for government. In January 2024, the government published the Critical Imports and Supply Chains Strategy, which will help UK businesses build secure and reliable supply chains and access the goods they need.