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4,729 recent contributions in Hansard
HANSARDCoronavirus Business Interruption Loan SchemeThe noble Lord raises a good point but CBILS is open to businesses across all sectors in all parts of the country. We continue to monitor and review the implementation of all our…12 May 2020HANSARDCoronavirus Business Interruption Loan SchemeI know that my noble friend takes a close interest in matters in Northern Ireland. These schemes are available to businesses across all regions of the UK, and many lenders acting…12 May 2020HANSARDCoronavirus Business Interruption Loan SchemeI can tell my noble friend that many bounce-back loans are being approved within a day. We are getting the money out to companies as quickly as possible. I am sure she will…12 May 2020HANSARDCoronavirus Business Interruption Loan SchemeNo, I do not accept that criticism of the banks. They have worked extremely hard, as have the British Business Bank and the department, to try to get as many loans approved as…12 May 2020HANSARDCoronavirus Business Interruption Loan SchemeThe Government will continue to monitor and review all their business support schemes and make changes where necessary. I am sure that the noble Baroness has noticed that this…12 May 2020HANSARDCoronavirus Business Interruption Loan SchemeAs I said in earlier answers, there are a number of different support packages besides CBILS, including the furlough and direct grant schemes. A number of supports are in place…12 May 2020HANSARDCoronavirus Business Interruption Loan SchemeAs I said in an earlier answer, a huge number of loans have been approved—160,000 in the first three days of the scheme—so I am afraid that many small businesses do not agree with…12 May 2020HANSARDCoronavirus Business Interruption Loan SchemeSmall breweries are a subject close to many of our hearts. We are responding rapidly to feedback to ensure that all eligible businesses, including breweries, can feel the full…12 May 2020HANSARDCoronavirus Business Interruption Loan SchemeWe have introduced a comprehensive package of measures designed to support any business facing difficulties in this period, including the various loan schemes and grants and…12 May 2020HANSARDSelf-employment Income Support SchemeMy Lords, we have temporarily relaxed the application of the minimum income floor for all self-employed universal credit claimants affected by Covid-19. A drop in earnings will…05 May 2020HANSARDSelf-employment Income Support SchemeThe Chancellor has referred to this difficulty a number of times. We are satisfied that the system as it currently operates is the best one at the moment, but as I said in…05 May 2020HANSARDSelf-employment Income Support SchemeI thank my noble friend for his question. Yes, as well as relaxing the minimum income floor, we have increased the standard rate of universal credit and working tax credit for…05 May 2020HANSARDSelf-employment Income Support SchemeThe Government are focusing on support measures that can be implemented as quickly as possible. Using existing frameworks for those who need additional support is, in our view,…05 May 2020HANSARDSelf-employment Income Support SchemeWe already have a number of schemes in place. The SEISS will benefit something like 95% of all claimants, but of course such schemes have been introduced at pace. Officials are…05 May 2020HANSARDSelf-employment Income Support SchemeIt is difficult to comment on the case that the noble Baroness cites without seeing all the details of the claimant responsible, but the SEIS scheme will offer millions of…05 May 2020HANSARDSelf-employment Income Support SchemeDWP officials are in discussion with those in other government departments about the detail of these varied schemes and grants. However, we expect to treat these SEISS payments as…05 May 2020HANSARDSelf-employment Income Support SchemeI understand the point that my noble friend is making, but a key principle is that universal credit should go only to people who do not have assets available to meet their basic…05 May 2020HANSARDSelf-employment Income Support SchemeOf course, we want to help as many people as possible under these schemes, and we keep them constantly under review. All these various schemes have been implemented as quickly as…05 May 2020HANSARDSelf-employment Income Support SchemeI referred to some additional measures in the answer that I gave to my noble friend Lord Empey earlier. We have been taking a number of other measures; I can tell my noble friend…05 May 2020HANSARDSelf-employment Income Support SchemeI apologise to the noble Baroness; she was breaking up so I did not quite catch all of her question. However, I think she was talking about the creative industries. Work in these…05 May 2020