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Business: Government Assistance

Question for Treasury

UIN 904792, tabled on 17 April 2018

What steps he is taking to support businesses and strengthen the market economy.

Answered on

17 April 2018

This government aims to create an environment to help businesses to succeed. We are keeping taxes low, and ensuring firms can access the skills and support they need.

We have cut corporation tax to 19%, the lowest rate in the G20, and are developing a National Retraining Scheme so we are ready to seize opportunities in the new economy.

It is through measures like these, and the power of a vibrant and competitive market economy, that we will further drive growth and prosperity, encourage innovation and help raise living standards across the UK

Answered by

Treasury
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