The Department for Business, Innovation and Skills 2014 Small Business Survey shows that 36% of all small businesses do not have a website. Further research on small businesses' digital capabilities was published on 9th September 2015. The Office for National Statistics also publishes information on businesses’ e-commerce and ICT activity. It should be noted that 46% of small businesses use social media.

We have been working very closely with steel stakeholders to understand the needs of the sector both now and going forward. In addition, through the Competitiveness & Productivity Steel Working Group we have commissioned an independent external report to identify the relative strengths and weaknesses of the UK steel industry, and consider how this could change over different time horizons. The outcomes will support the UK steel industry develop their strategic position moving forward, and clarify how the Government can best support the sector improve its competitiveness over the short, medium and long term.

Green investment is what the Green Investment Bank (GIB) does and is where its value lies. It is clear from preliminary feedback that potential investors are interested in GIB precisely because of its unique green specialism and its existing forward business plan and pipeline of green projects. Investors will have sound commercial reasons to maintain GIB’s green focus and continue operating in accordance with its clearly stated green principles and highly transparent and robust green reporting practices.

As a key part of any sale discussions, potential investors will be asked to confirm their commitment to these values and to set out how they propose to protect them. We envisage this would involve new shareholders agreeing to:

• ensure GIB continues to invest in a way that achieves a positive green impact; and

• maintain GIB’s existing standards for reporting on its green investment performance as well as continue providing for independent assurance of this.

The Government is focused on delivering a successful renegotiation: it believes Britain’s interests are best served by being part of a reformed European Union, if necessary changes can be agreed. The Government believes it can and will succeed in reforming and renegotiating our relationship with the EU and campaigning to keep the UK in the EU on that basis.

According to NESTA, peer-to-peer business lending in the UK grew at a rate of 250 per cent annually between 2012 and 2014. The Peer-to-Peer Finance Association publishes quarterly updates, which show net new lending of £251m in the third quarter of 2015 of which £91m was to small businesses. Although the number of businesses is not stated, Funding Circle (which accounts for £66m of the £91m net new lending) had 10,755 borrowers at the end of the quarter. The total is therefore likely to be close to 15,000.

Equity crowdfunded deal numbers and investment totals are less readily available. The British Business Bank cites market investment data recorded by Beauhurst which show that in the first half of 2014, £24m was raised across 101 crowdfunded equity investments. Using survey data, NESTA has produced a higher estimate of £31m for the same period and £84m for 2014 as a whole.