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1250808
registered interest false more like this
date less than 2020-11-11more like thismore than 2020-11-11
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 Business: Coronavirus remove filter
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, if he will increase the maximum permitted state aid limit of support that a business can receive under the Covid-19 Temporary Framework for UK Authorities. more like this
tabling member constituency North West Norfolk remove filter
tabling member printed
James Wild more like this
uin 114341 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-11-16more like thismore than 2020-11-16
answer text <p>Under the Covid-19 Temporary Framework for UK Authorities aid of up to €800,000 can be awarded to businesses affected by the coronavirus outbreak.</p><p> </p><p>On 20 October, UK authorities submitted a notification to the European Commission to take advantage of a new measure under the European Commission’s Temporary Framework. This new measure would enable greater support to companies facing a decline in turnover during the eligible period of at least 30% compared to the same period of 2019, due to the pandemic. The support will contribute to a part of the beneficiaries' fixed costs that are not covered by their revenues, up to maximum amount of €3 million per business.</p><p> </p><p>The European Commission is currently considering the notification and will provide a response in due course.</p> more like this
answering member constituency Sutton and Cheam more like this
answering member printed Paul Scully more like this
question first answered
less than 2020-11-16T17:33:48.38Zmore like thismore than 2020-11-16T17:33:48.38Z
answering member
4414
label Biography information for Paul Scully more like this
tabling member
4787
label Biography information for James Wild more like this