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1187094
registered interest false more like this
date less than 2020-03-23more like thismore than 2020-03-23
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Business: Coronavirus more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Chancellor of the Exchequer, what steps he has taken to ensure that businesses (a) receive comprehensive advice and consistent support when accessing the economic package of help that has been put in place in response to the covid-19 outbreak and (b) will be compensated if the planned measures prove to be insufficient. more like this
tabling member constituency Linlithgow and East Falkirk more like this
tabling member printed
Martyn Day remove filter
uin 33634 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text The government has announced a significant package of financial support for businesses and organisations. Details of this package are available at: <a href="http://www.businesssupport.gov.uk/" target="_blank">www.businesssupport.gov.uk</a>. Businesses and individuals will also benefit from the Coronavirus Job Retention Scheme (CJRS), Statutory Sick Pay refunds and Self-employment Income Support Scheme (SEISS), which will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19. More detail on the CJRS can be found at: <a href="https://www.gov.uk/guidance/check-if-you-could-be-covered-by-the-coronavirus-job-retention-scheme" target="_blank">https://www.gov.uk/guidance/check-if-you-could-be-covered-by-the-coronavirus-job-retention-scheme</a> and <a href="https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme" target="_blank">https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme</a>.
answering member constituency North East Cambridgeshire more like this
answering member printed Steve Barclay more like this
question first answered
less than 2020-03-31T09:24:06.127Zmore like thismore than 2020-03-31T09:24:06.127Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4488
label Biography information for Martyn Day more like this
1187095
registered interest false more like this
date less than 2020-03-23more like thismore than 2020-03-23
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Business: Coronavirus more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Chancellor of the Exchequer, what discussions he has had with the Governor of the Bank of England on banks supplying credit to businesses to mitigate economic disruption and support cash flow during the covid-19 outbreak. more like this
tabling member constituency Linlithgow and East Falkirk more like this
tabling member printed
Martyn Day remove filter
uin 33635 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text The Treasury and Bank of England have regular discussions on the economic outlook, and the Chancellor has regular discussions with the Governor covering the full range of the Bank of England’s responsibilities. This includes the economic disruption as a result of Covid-19, and helping to provide a comprehensive, coordinated and coherent response. more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-03-31T10:25:20.24Zmore like thismore than 2020-03-31T10:25:20.24Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4488
label Biography information for Martyn Day more like this
1187096
registered interest false more like this
date less than 2020-03-23more like thismore than 2020-03-23
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Credit: Coronavirus more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Chancellor of the Exchequer, what discussions he has had with the Governor of the Bank of England on banks supplying credit to households to support consumer confidence during the covid-19 outbreak. more like this
tabling member constituency Linlithgow and East Falkirk more like this
tabling member printed
Martyn Day remove filter
uin 33636 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>On 17 March, the Government announced a package of measures totalling £350 billion aimed at supporting the financial wellbeing of British businesses, individuals, and families. The Government recognises that the outbreak of COVID-19 may lead to consumers facing financial difficulty and uncertainty. Therefore, we have acted to support customers who may find it challenging to make mortgage or credit payments and may require access to further credit. The major banks and building societies have pledged to provide relief to customers impacted by Covid-19, including deferring mortgage and other loan repayments, waiving fees on savings accounts and increasing overdraft or credit card limits.</p><p> </p><p>The Government is working closely with the Bank of England and the Financial Conduct Authority (FCA) and the Chancellor meets with both on a frequent basis to discuss these issues. On 25 March, a letter from the Chancellor, the Governor of the Bank of England, and the CEO of the FCA to the CEOs of UK banks was published regarding bank lending and the provision of credit during this crisis. The Government stands ready to announce further action wherever necessary.</p>
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2020-03-31T10:21:09.853Zmore like thismore than 2020-03-31T10:21:09.853Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4488
label Biography information for Martyn Day more like this
1187300
registered interest false more like this
date less than 2020-03-23more like thismore than 2020-03-23
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Coronavirus Job Retention Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Chancellor of the Exchequer, if he will include Flybe as an eligible company for the Coronavirus Job Retention Scheme. more like this
tabling member constituency Linlithgow and East Falkirk more like this
tabling member printed
Martyn Day remove filter
uin 33747 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Government will make sure it protects, as far as possible, people’s jobs and incomes. Firms that are in administration are welcome to use the Coronavirus Jobs Retention Scheme under the same conditions as other employers. Further information on eligibility can be found in the published guidance available at: <a href="http://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme" target="_blank">http://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme</a>.</p> more like this
answering member constituency Hereford and South Herefordshire more like this
answering member printed Jesse Norman more like this
question first answered
less than 2020-03-31T14:20:29.963Zmore like thismore than 2020-03-31T14:20:29.963Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4488
label Biography information for Martyn Day more like this