Select committee: Business, Innovation, Science and Trade Committee
Conclusion 23
15th Report – Small business strategy
Published 11 Feb 2026
Addressed to Department for Business and Trade
Business, Innovation, Science and Trade Committee Small business strategy All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
The decision to significantly increase labour costs at the Autumn Budget 2024 has had a significant impact on labour-intensive sectors. Future policy changes must both adequately model how small businesses will be affected by tax changes and seek feedback from smaller firms about potential impacts. (Conclusion, Paragraph 100)
From: Business, Innovation, Science and Trade Committee, 15th Report – Small business strategy (HC 1057), 11 February 2026
Government response
No government response linked yet: deadline 11 April 2026, 204 days ago.