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1147951
registered interest false more like this
date less than 2019-10-02more like thismore than 2019-10-02
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 more like this
hansard heading Business more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what criteria his Department has set for businesses which wish to apply for the bailout fund created by Operation Kingfisher. more like this
tabling member constituency Liverpool, Wavertree more like this
tabling member printed
Luciana Berger more like this
uin 293534 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-10-07more like thismore than 2019-10-07
answer text <p>The first port of call for a business facing cashflow issues should be commercial lending. As the Bank of England have said, UK banks are well-prepared, well-capitalised, and publicly committed to continuing to lend to viable businesses.</p><p> </p><p>Overall, the government has already made over £6.3bn available to prepare for EU exit. This includes £2 billion of core funding for departments for Brexit in 2020-21, which was confirmed in the recent Spending Round.</p><p> </p><p>The UK economy remains resilient, but we will continue to closely monitor any developments in economic risks to firms, sectors, and regions. We are considering what further support may be needed and any announcements will be made in due course.</p> more like this
answering member constituency Richmond (Yorks) more like this
answering member printed Rishi Sunak more like this
question first answered
less than 2019-10-07T09:59:43.73Zmore like thismore than 2019-10-07T09:59:43.73Z
answering member
4483
label Biography information for Rishi Sunak more like this
tabling member
4036
label Biography information for Luciana Berger more like this