Select Committee Inquiry - Government Assistance to
Industry (UK)
From: Business, Innovation and
Skills Committee
Date announced: 21
July 2010
Evidence due: 24 September
2010
Semta evidence submitted: 24 September 2010
Committee report published: 18 February 2011
Government response published: 19 May 2011
Summary
The Business, Innovation and Skills Committee has announced that
its second inquiry of the new Parliament will be into Government
Assistance to Industry.
The inquiry will examine the effectiveness of three areas of
Government policy and actions, including:
- The provision of loans and grants under programmes such as the
Automotive Assistance Programme, the Strategic Investment
Fund and the Working Capital Guarantee Scheme;
- the role of UKTI and the Export Credit Guarantee Department in
promoting inward investment and exports; and
- the role of the Government in encouraging the supply of credit
to small and medium-sized enterprises.
Topics the Committee will consider include:
- The role of the Department of Business, Innovation and Skills
in supporting industry;
- The effectiveness of existing Government assistance
programmes;
- The relationship between the Government, industry and the
banks, and the role and performance of the Small Business Banking
Forum;
- The performance and role of UKTI and the Export Credit
Guarantee Department;
- Steps to encourage inward investment into the UK;
- Government policy as set out in A Strategy for Sustainable
Growth and the Green Paper on Business Finance.
Next steps
The Committee published its report on 18 February 2011.
The government published its response on 19 May.
Documents and Links
Government response
Committee report
Semta
evidence
Semta represents the views of our employers across government
and the media. If you are an employer in the science,
engineering, or manufacturing technology sectors, we welcome your
views at policy@semta.org.uk
Updated 20 July 2011