Contributions
3,765 recent contributions in Hansard
HANSARD Covid-19: Economic PackageLet me start by conveying the thanks of the whole House, and certainly of the Government, to my hon. Friend’s constituents for the role that they are playing in trialling the new…12 May 2020HANSARD Covid-19: Economic PackageJust over a week or so ago, we outlined plans for a top-up fund for local authorities worth more than £600 million nationally so that they could distribute further rate relief to…12 May 2020HANSARD Covid-19: Economic PackageWhat is clear and emerging is that the sectors and people most impacted by the lockdown are disproportionately women, as the hon. Member mentioned, and those in lower-paid…12 May 2020HANSARD Covid-19: Economic PackageMy heart goes out to the family of the hon. Gentleman’s constituent for what they have suffered. They, like many others up and down the country, are losing loved ones who are…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 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 PackageThose who work for their own companies can indeed avail themselves of the coronavirus job retention scheme for the PAYE part of their income already. With regard to support for…12 May 2020HANSARD Covid-19: Economic PackageI thank my hon. Friend for mentioning that. He is indeed right. I was pleased to see polling that showed that people in this country felt that businesses were well supported, as…12 May 2020HANSARD Covid-19: Economic PackageThat is a very fair question and one that I have looked at. There is an issue of operational complexity in designing the part-time aspect of the scheme in consultation with…12 May 2020HANSARDIMF’s Poverty Reduction and Growth TrustThe Government have today augmented the UK’s 2010 agreement to lend to the International Monetary Fund’s poverty reduction and growth trust by a total of 2 billion special drawing…12 May 2020HANSARD Covid-19: Economic PackageAs always, my right hon. Friend makes an excellent point. I agree that debt is not the answer to all businesses’ problems at this time, which is why we have provided business with…12 May 2020HANSARD Covid-19: Economic PackageI thank the hon. Lady for her warm wishes as well. To clarify, there will be no reduction in the level of support for those on the scheme. That is the commitment that I made…12 May 2020HANSARD Covid-19: Economic PackageI thank my hon. Friend for his support, and he is absolutely right. In Bury, as elsewhere, businesses have benefited from the support that the Government have put in place. They…12 May 2020HANSARD Covid-19: Economic PackageThe self-employment scheme in this country remains one of the most generous and comprehensive anywhere in the world. It was designed to provide support to those people who have a…12 May 2020HANSARD Covid-19: Economic PackageI know that my right hon. Friend the Secretary of State for Digital, Culture, Media and Sport has engaged extensively with that sector as part of planning for a future when people…12 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 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 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 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 2020