FLA Submission to BEIS Committee inquiry into "levelling up"

28 August 2020

Business finance - 217kb PDF

To support regional economic growth, this paper suggests targeted interventions which would both stimulate demand and ensure that finance gets to customers in the areas that need it most, including:

a. Extension of the Annual Investment Allowance
b. A “green finance guarantee”
c. Increase the “plug-in” grant for commercial vehicles
d. Expansion of locally targeted provision of business advice and information for SMEs
e. Greater use of the British Business Bank, including the ENABLE scheme, to support businesses outside of London and encourage inward investment
f. A commitment to prioritise financial education

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