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registered interest false more like this
date less than 2020-11-12more like thismore than 2020-11-12
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Aerospace Industry: Employment more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has made an assessment of the potential effect on the level of jobs in the aerospace sector of establishing a long-term supply chain investment fund to recapitalise suppliers that are unable to take on new debt. more like this
tabling member constituency Washington and Sunderland West remove filter
tabling member printed
Mrs Sharon Hodgson more like this
uin 114799 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-11-20more like thismore than 2020-11-20
answer text <p>The Government is providing various support measures to safeguard jobs in the aerospace sector from the impact of Covid-19, including the Coronavirus Business Interruption Loan Scheme and the Coronavirus Large Business Interruption Loan Scheme. The British Business Bank has also created an online Finance Hub, which details sources of business finance that may be available, as well as useful guidance.</p><p>The aerospace sector and its aviation customers are being assisted with around £9 billion of funding made available through loans, research and development grants, loan guarantees, and support for exporters. The Government continues to support the long-term competitiveness of the UK’s aerospace supply chain through the Aerospace Growth Partnership.</p><p>The Government will continue to work closely with local authorities, businesses, and business representative organisations to understand the impact of Covid-19 on the aerospace sector.</p> more like this
answering member constituency Stratford-on-Avon remove filter
answering member printed Nadhim Zahawi more like this
question first answered
less than 2020-11-20T14:51:41.96Zmore like thismore than 2020-11-20T14:51:41.96Z
answering member
4113
label Biography information for Nadhim Zahawi more like this
tabling member
1521
label Biography information for Mrs Sharon Hodgson more like this