Contributions
3,765 recent contributions in Hansard
HANSARDThe EconomyI am happy to look at the specific situation the hon. Gentleman raises, although I would caution that it is difficult to make changes to these schemes. As many Members have said,…27 Apr 2020HANSARDThe EconomyMy hon. Friend is absolutely right. I know she has spent a lot of time with businesses in her constituency to understand what is on their minds. Cash and liquidity is king, which…27 Apr 2020HANSARDThe EconomyWhat I would say to the hon. Member is that the new bounce-back loan scheme announced today does come with a 100% guarantee for loans of 25% of turnover up to £50,000. Given the…27 Apr 2020HANSARDThe EconomyRather than commenting on monetary policy, which it is obviously not my place to do, I can tell the hon. Gentleman that we are determined, as I have said, to preserve as much of…27 Apr 2020HANSARDThe EconomyAs ever, my hon. Friend makes excellent and informed points on economic policy. I thank him for his support as well. He is absolutely right. I share with him, as does the Prime…27 Apr 2020HANSARDThe EconomyThe hon. Member is absolutely right. I am striving to make the process as seamless and as quick as possible. We made some improvements a couple of weeks ago—removing guarantees…27 Apr 2020HANSARDTreasuryMy hon. Friend is a champion for entrepreneurship in her constituency, and rightly so. The start-up loan programme is an excellent programme, providing loans of up to £25,000 for…21 Apr 2020HANSARDTreasuryMy hon. Friend is a champion for entrepreneurship in her constituency, and rightly so. The start-up loan programme is an excellent programme, providing grants of £25,000 for…21 Apr 2020HANSARDTopical QuestionsDetailed guidance is available. Further guidance will be provided and our aim is to build the new scheme so that it is operational by the end of April. That is a challenge. We are…24 Mar 2020HANSARDLocal Transport InfrastructureThe Government are committed to improving the vital transport links that people rely on every day. That is why in the Budget we announced a £500 million a year fund for potholes,…24 Mar 2020HANSARDLocal Transport InfrastructureMy hon. Friend is absolutely right about the impact on hotel and hospitality businesses in particular. I hope he welcomes the significant cash grant support and business rates…24 Mar 2020HANSARDLocal Transport InfrastructureI pay tribute to my hon. Friend for the work he does championing improved accessibility for his disabled constituents, which is why in the Budget we announced £50 million to…24 Mar 2020HANSARDCovid-19: Support for BusinessesAs I said, we are looking at this in immense detail and at pace. As has been acknowledged by many stakeholders in the industry, there are genuine questions about practicality,…24 Mar 2020HANSARDCovid-19: Support for BusinessesIt is not the case that those who are on zero hours are not eligible for the existing scheme. Depending on their status, they would absolutely be eligible for the job retention…24 Mar 2020HANSARDCovid-19: Support for BusinessesIn common with schemes all around the world, the schemes are for furloughed workers. The check is that the company decides to put an employee into a furlough scheme rather than…24 Mar 2020HANSARDCovid-19: Support for BusinessesAs I said, we are looking at these things. I will not commit to a specific day until we know we can work through the details. One of the issues is that of course there are people…24 Mar 2020HANSARDCovid-19: Support for BusinessesWe are not in favour of a universal basic income, although we have strengthened the safety net for the most vulnerable in our society, with more than £7 billion invested in…24 Mar 2020HANSARDCovid-19: Support for BusinessesI am happy to talk to my hon. Friend further about his particular constituency issue, which I know poses particular challenges. We have committed to providing local…24 Mar 2020HANSARDCovid-19: Support for Businesses1 am very grateful to the hon. Member for his warm words; I appreciate them. We are looking at pace at what support can be provided. The fact is that the universe of 5 million…24 Mar 2020HANSARDTopical QuestionsWe are facing an unprecedented challenge as a country, as a Government and as a society. The spread of the coronavirus has precipitated the extraordinary but necessary actions…24 Mar 2020