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Small businesses (225)

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I thank the Chancellor for the action and the extra money that he has announced this evening. I put on record my thanks

to health staff, volunteers and everybody working at the forefront of this crisis. I also mark my sadness at the second death that was recorded in Scotland...

Member
Alison Thewliss (Scottish National Party)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 cc938-940
House
House of Commons

I thank the hon. Member for her comments. I can reassure her that I am listening. I welcome all the suggestions that she has made, and indeed all those that

other hon. Members will make. We are listening intently to hon. Members, and to businesses and others, to ensure that...

Member
Rishi Sunak (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 cc940-2
House
House of Commons

I strongly welcome the Chancellor’s enormous loan and guarantee package, but he himself recognised that he is supporting the liquidity of businesses rather than their long-term viability. We want to see employment protected, so may I ask him to fund business not just in ways that enable the maintenance of...

Member
David Davis (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c942
House
House of Commons

My right hon. Friend has made a good point. I believe that providing liquidity now ensures sustainability for the future, but he is right to identify the further steps that are needed to provide support on fixed costs such as employment, and preserving and incentivising that employment. This is work...

Member
Rishi Sunak (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c942
House
House of Commons

For those who are currently off work on statutory sick pay or are self-isolating for public health reasons, who are laid off because there is no work or who are self-employed or low-paid, there is nothing at all in the Chancellor’s package of measures. The Chancellor says that these matters...

Member
Rachel Reeves (Labour)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c942
House
House of Commons

We have put £1 billion into the welfare system to provide extra financial security for those people, to speed up both access and the generosity of all those benefits.

Member
Rishi Sunak (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c942
House
House of Commons

I thank the Chancellor and his team for all that has been announced today. I know that those in the retail hospitality sector in my constituency will be very pleased to hear about it.

There is a sector of the retail market that is doing incredibly well, and that is the...

Member
Harriett Baldwin (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 cc942-3
House
House of Commons

That is an excellent point. My right hon. Friend the Secretary of State for Environment, Food and Rural Affairs is engaged in urgent talks with supermarkets to ensure the security of our food supply and to improve accessibility, particularly for those who may now be at home.

Member
Rishi Sunak (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c943
House
House of Commons

I simply want to ask the Chancellor whether he could live on £94.25 per week. It is a simple question: has he ever lived on that, and could he live on that, because that is what most of my constituents are currently having to live on?

Member
Jess Phillips (Labour)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c943
House
House of Commons

We believe in a strong safety net during a short period so that people can get through this, which is why we have strengthened that safety net with £1 billion of extra investment to increase generosity and accessibility.

Member
Rishi Sunak (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c943
House
House of Commons

I commend my right hon. Friend the Chancellor for his bold measures today, which will encourage many small businesses to believe that the Government are on their side. There is more to do, I know. Can I also encourage him, though, in his statement to come, on further employment measures...

Member
Iain Duncan Smith (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c943
House
House of Commons

My right hon. Friend knows better than most the value of making sure that people have the security of a good job, and I commend him for all his work in that regard. I agree with him wholeheartedly. My right hon. Friend the Communities Secretary is talking already to the...

Member
Rishi Sunak (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c943
House
House of Commons

I recognise, as I am sure the whole House does, the Chancellor’s wish to get any employment support scheme right, but he will recognise, as the shadow Chancellor said from the Front Bench, that people are facing redundancy right now. May I suggest two things that he can say tonight...

Member
Ed Miliband (Labour)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c943
House
House of Commons

I say to the right hon. Gentleman that it is more important that we get this right than rush to things that will not work, but he can rest assured that we agree wholeheartedly with the ambitions of what he says, but delivering them and getting it right are vital...

Member
Rishi Sunak (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c944
House
House of Commons

I congratulate and thank the Chancellor on behalf of the people in Mid Norfolk for a coherent and comprehensive package, in particular the support on rates and mortgages. In my rural and quite fragile economy, it is the pubs, the high streets, the small businesses, tourism and farming, and food...

Member
George Freeman (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c944
House
House of Commons

I appreciate the point my hon. Friend is making. The steps today on insurance are welcome, but he is right to identify that retrospectively changing the situation that insurers would have reserved against could have a very significant impact on their solvency, which would send a ripple effect throughout the...

Member
Rishi Sunak (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c944
House
House of Commons

The Chancellor must surely recognise that those on statutory sick pay are being asked to protect the rest of us, but take only £96 a week in income and live on that, and that those on universal credit, if they can access the system at all, will be asked to...

Member
Angela Eagle (Labour)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c944
House
House of Commons

We have provided half a billion pounds specifically to local authorities to provide extra support, particularly to help people with housing costs, notably council tax. That will make an enormous difference to people on the ground.

Member
Rishi Sunak (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c944
House
House of Commons

Many mortgage payers in my constituency will welcome the three-month holiday announced today. However, can the Chancellor confirm whether this will be implemented automatically by the banks and mortgage lenders, or will borrowers need to apply?

Member
Mark Eastwood (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c944
House
House of Commons

Borrowers can speak to their mortgage provider and, owing to the work of my right hon. Friend today, they should receive a three-month mortgage holiday, depending on their circumstance as explained, but it should be reasonably automatic thereafter.

Member
Rishi Sunak (Conservative)
Type
Proceeding contributions
Date
17 March 2020
Reference
673 c944
House
House of Commons