Contributions
3,765 recent contributions in Hansard
HANSARDSelf-employment Income Support SchemeThe self-employment support scheme opened last week ahead of schedule and provides support worth up to £7,500 to millions of individuals. I am pleased to tell the House that, at…18 May 2020HANSARDSelf-employment Income Support SchemeWe have discussed these things before, but I do not believe that removing the cap would be the right or socially just thing to do. The average income of those above the cap is…18 May 2020HANSARDCovid-19: Economic SupportThe right hon. Member is absolutely right: finance should flow to the industrial base of our country. The investment grade rating, which relates to the corporate financing…18 May 2020HANSARD Covid-19: Economic PackageCompanies in the aviation sector, like all others, can benefit from the considerable range of support measures already announced—indeed, I know that many companies in the sector…12 May 2020HANSARDCovid-19: Job Retention SchemeThe Government’s economic plan is one of the most comprehensive in the world. We have provided: Billions of pounds of grants and loans for businesses Tens of billions of pounds of…12 May 2020HANSARD Covid-19: Economic PackageIntroducing new measures to the schemes at this point would not be possible or desirable because it would just delay their operation. The problem with tapers is that there is…12 May 2020HANSARD Covid-19: Economic PackageManufacturing organisations in particular were keen to have the flexibility to bring employees back in shifts on a part-time basis while being able to furlough them for the…12 May 2020HANSARD Covid-19: Economic PackageMy right hon. Friend the Business Secretary will be here shortly to provide a fuller answer to the hon. Lady’s question, but it is right that employees should not work in unsafe…12 May 2020HANSARD Covid-19: Economic PackageI can give my hon. Friend that reassurance. I look forward to speaking further to him and the excellent Mayor, Andy Street, as we all work together to drive the west midlands…12 May 2020HANSARD Covid-19: Economic PackageThey are being supported. The scheme to support them goes live tomorrow, ahead of schedule. Those who are self-employed whose returns and earnings we are aware of will be…12 May 2020HANSARD Covid-19: Economic PackageThe scheme, as it is designed, does provide income support of 80% of those wages. Indeed, where those wages are variable the scheme allows an average to be taken to benefit the…12 May 2020HANSARD Covid-19: Economic PackageWe will of course keep everything under review, but my expectation is that by then the scheme should end. As I have said before, we have stretched and strained to be as generous…12 May 2020HANSARD Covid-19: Economic PackageI think I find myself in agreement with the hon. Member. He is fortunate to have such a fantastic company local to him. I know that that company and its workers will be pleased…12 May 2020HANSARD Covid-19: Economic PackageWe did give consideration to proposals that we received and worked with our systems, which is why we were able to extend the date from 28 February to 19 March, the day before I…12 May 2020HANSARD Covid-19: Economic PackageMy right hon. Friend is absolutely right; the creative industries play an incredibly important part in our economy in this country, and they are also one of our great exports…12 May 2020HANSARD Covid-19: Economic PackageI do not have much more to add to my previous answer, but for those who do not benefit from this scheme or others, we have taken significant action, investing several billion…12 May 2020HANSARD Covid-19: Economic PackageI know that my hon. Friend is rightly focused on that issue for his constituents, given the location of his constituency. Of course, aviation has been impacted considerably by…12 May 2020HANSARD Covid-19: Economic PackageI thank my hon. Friend for his advice as we looked to design and improve our lending scheme. I very much value his direct links with business and his relaying that to me. If you…12 May 2020HANSARD Covid-19: Economic PackageWhen we announced the job retention scheme, I said clearly that it would apply to those of whom HMRC was aware on 28 February. We were able, while protecting the taxpayer against…12 May 2020HANSARD Covid-19: Economic PackageLike my hon. Friend the Member for Bracknell (James Sunderland), my right hon. Friend the Member for Chesham and Amersham (Dame Cheryl Gillan) is right to advocate for and support…12 May 2020