Caroline Lucas – 2015 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Caroline Lucas on 2015-11-30.

To ask the Secretary of State for Business, Innovation and Skills, what assessment his Department has made of the reasons for the different trend in the number of limited partnerships that have been registered in Scotland with Companies House compared to the rest of the UK in each year since 2008; and if he will make a statement.

Anna Soubry

Since 2008 there has been a marked rise in the number of registrations of Scottish limited partnerships relative to the rest of the UK.

Limited partnerships have increasingly been used as a vehicle for establishing private equity and venture capital funds. Scottish limited partnerships are particularly well-suited to this sector as they have separate legal personality distinct from the partners.