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1186430
star this property registered interest false more like this
star this property date less than 2020-03-19more like thismore than 2020-03-19
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 remove filter
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Small Businesses:: Coronavirus more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what advice and support the Government is providing to businesses that have taken on planned seasonal debt in the low season in the expectation of being able to repay that debt in the high season but may be unable to do so as a result of the covid-19 outbreak. more like this
star this property tabling member constituency Slough remove filter
star this property tabling member printed
Mr Tanmanjeet Singh Dhesi more like this
star this property uin 32159 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>The Government has made a package of temporary measures available to support public services, people, and businesses through this period of significant disruption. These measures are intended to help businesses that may experience cashflow problems and include:</p><p> </p><p>Grant funding of up to £10,000 for small businesses in receipt of Small Business Rate Relief or Rural Rate Relief, administered through local authorities in England.</p><ul><li>Grant funding of up to £25,000 for retail, hospitality, and leisure businesses that own property with a rateable value between £15,000 and £51,000.</li><li>The Coronavirus Business Interruption Loan Scheme, which offers loans of up to £5 million for small and medium-sized enterprises through the British Business Bank.</li></ul><p> </p><p>We would also encourage businesses to consult their creditor in the first instance. If businesses have an existing loan or asset purchase, such as a lease or hire purchase agreement, they may wish to ask for a repayment holiday.</p>
star this property answering member constituency Stratford-on-Avon more like this
star this property answering member printed Nadhim Zahawi more like this
star this property question first answered
less than 2020-03-27T16:03:03.687Zmore like thismore than 2020-03-27T16:03:03.687Z
unstar this property answering member
4113
star this property label Biography information for Nadhim Zahawi more like this
star this property previous answer version
14581
star this property answering member constituency Stratford-on-Avon more like this
star this property answering member printed Nadhim Zahawi more like this
star this property answering member
4113
star this property label Biography information for Nadhim Zahawi more like this
star this property tabling member
4638
unstar this property label Biography information for Mr Tanmanjeet Singh Dhesi more like this