Commons Sense

House of Commons · Written Ministerial Statement

New Government support package for Britain’s fastest-growing firms

09 June 2026 · Department for Business and Trade

Proposed by Peter Kyle Lab Hove

Business & Trade

Summarised by AI from the official record, so it can contain mistakes.

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At a glance

Key points

  • UK government announces new package to support high potential scale-up firms in growing and staying in the UK.
  • Government will offer a concierge service for top scaling talent and launch an external tender for an expert third party provider to run a pilot programme from Autumn 2026.
  • Penny Verbe is appointed as Scale-Up Adviser to oversee the initiative.

Issue summary

The UK government is announcing a new package to support high potential scale-up firms in growing and staying in the UK.

Action requested

The government will offer a concierge service for top scaling talent, launch an external tender for an expert third party provider to run a pilot programme from Autumn 2026, and appoint Penny Verbe as Scale-Up Adviser. This initiative aims to close the scale-up gap and foster the growth of high potential firms.

Key facts

  • Scale-ups contribute £2.2 trillion to the UK economy.
  • Scale-ups employ 3.9 million people despite making up just 0.8% of businesses.
  • An external tender for an expert third party provider will run an 18-month pilot from Autumn 2026.
  • The pilot programme will provide 12 months of intensive support to scale-up founders facing critical growth challenges.
  • Penny Verbe has been appointed as Scale-Up Adviser.
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