PARLIAMENTARY WRITTEN QUESTION
Companies House: Finance (2 September 2022)

Question Asked

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the adequacy of funding for Companies House, in the context of the reforms envisaged in the Corporate Transparency and Register Reform White Paper, CP 638, published on 28 February 2022.

Asked by:
Jonathan Reynolds (Labour)

Answer

The Government provided £63 million to Companies House at the last Spending Review to fund the work needed to implement our reforms. We are committed to ensuring that Companies House has the resources it needs to carry out its functions, and the Government is looking closely at the funding requirements arising from the reforms as we take them forward.


Answered by:
Dean Russell (Conservative)
21 September 2022

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