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date	2022-01-26
min answer › date of answer	2019-05-22
tabling member › label	Biography information for Lord Hain
answering body	Treasury

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registered interest

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answering body

answering dept id

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hansard heading

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tabling member printed

uin

answer

is ministerial correction

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answering member printed

question first answered

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label

1417135

registered interest

date

26/01/2022

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Boats: Sales

house id

legislature

25277

	pref label	House of Lords

question text

To ask Her Majesty's Government what assessment they have made of the analysis by the Boat Group, which found that UK (1) new, and (2) used, boat sales grew by 9 per cent in 2020; and what assessment they have made of the link, if any, between the purchase of such yachts and the payment of furlough money.

tabling member printed

Lord Hain

uin

HL5699

answer

is ministerial correction

date of answer

08/02/2022

answer text

<p>The objective of the Coronavirus Job Retention Scheme (CJRS) was to support businesses to preserve employer-employee matches by providing a mechanism to pay the wages of furloughed employees. Through easing the financial burden, the CJRS aimed to support jobs, reduce the risk of permanent business closures (supporting those that had temporarily ceased or reduced trading), and reduce the risk of large losses in incomes, through wage support to furloughed employees. In doing these things, the CJRS sought to reduce the risk of long-term labour market scarring, maintain the UK economy’s productive capacity through the crisis, and facilitate and support a smoother economic recovery.</p>

answering member printed

Baroness Penn

question first answered

08/02/2022 16:37:39

answering member

4726

	label	Biography information for Baroness Penn

tabling member

567

	label	Biography information for Lord Hain