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1491187

registered interest
date	20/07/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has plans to help small businesses that cannot repay their covid-19 loan debt.
tabling member constituency	Feltham and Heston
tabling member printed	Seema Malhotra
uin	40789
answer	answer is ministerial correction date of answer 06/09/2022 answer text <p>The Government has already taken action to give small businesses the space and flexibility to repay their bounce back loans. Under the Bounce Back Loan Scheme (BBLS), no repayments were due from the borrower for the first 12 months of the loan. The Government also covered the first 12 months of interest payments charged to the business by the lender.</p><p> </p><p>In order to give businesses further support, the Government introduced the “Pay as You Grow” (PAYG) measures, which allow individual businesses to tailor their repayments to their individual circumstances.</p> answering member constituency Loughborough answering member printed Jane Hunt question first answered 06/09/2022 14:30:39 answering member 4839 label Biography information for Jane Hunt
tabling member	4253 label Biography information for Seema Malhotra

1458299

registered interest
date	19/04/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans his Department has to support small businesses that are experiencing operational challenges as a result of the covid-19 pandemic.
tabling member constituency	Southport
tabling member printed	Damien Moore
uin	155907
answer	answer is ministerial correction date of answer 27/04/2022 answer text <p>Small and medium sized businesses (SMEs) are the backbone of our economy and have a key role to play in driving economic growth. The Government has provided an unprecedented and comprehensive package of support to help as many businesses as possible during this challenging period.</p><p>The Coronavirus Business Interruption Loan Scheme (CBILS), the Coronavirus Large Business Interruption Scheme (CLBILS) and the Bounce Back Loan Scheme (BBLS) were instrumental in providing vital cashflow to businesses affected by the pandemic, unlocking almost £80bn of finance and reaching almost a third of SMEs in the UK. This has been supplemented by the Recovery Loan Scheme (RLS) which ensures they can continue to access loans and other kinds of finance as they grow and recover from the disruption of the Covid-19 pandemic. The RLS is still open to applications from SMEs until 30 June 2022. We have also implemented business rates relief worth £7 billion over five years.</p><p>This government is providing support on access to finance through the British Business Bank and our new ‘Help to Grow’ scheme will help small businesses across the UK learn new skills, reach new customers and boost profits.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 27/04/2022 16:47:15 answering member 4414 label Biography information for Paul Scully
tabling member	4669 label Biography information for Damien Moore

1386999

registered interest
date	10/12/2021
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effects that the covid-19 Plan B measures will have on small businesses; and what steps his Department is taking to limit the impacts those restrictions may have on businesses.
tabling member constituency	Stockton South
tabling member printed	Matt Vickers
uin	90960
answer	answer is ministerial correction date of answer 20/12/2021 answer text <p>The Government’s Plan B has been designed to help control the spread of the virus whilst avoiding unduly damaging economic and social restrictions. Our £400bn COVID support package will continue to help businesses into spring next year. This includes the Recovery Loan scheme, Additional Restrictions Grants and protection from eviction.</p><p> </p><p>We will continue to respond proportionately to the changing path of the virus, as we have done since the start of the pandemic.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 20/12/2021 12:17:03 answering member 4414 label Biography information for Paul Scully
tabling member	4844 label Biography information for Matt Vickers

1385308

registered interest
date	06/12/2021
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the level of accessibility to Covid Recovery Scheme loans for small and medium-sized businesses that are requesting amounts of less than £50,000.
tabling member constituency	Denton and Reddish
tabling member printed	Andrew Gwynne
uin	87626
answer	answer is ministerial correction date of answer 09/12/2021 answer text <p>The Recovery Loan Scheme (RLS) is open to businesses requesting amounts of less than £50,000. The minimum facility size varies in the RLS, starting at £1,000 for asset and invoice finance, and £25,001 for term loans and overdrafts. As of 7 December 2021, the British Business Bank’s RLS portal showed that 29% of businesses had applied for a facility of less than £50,000. Note that the portal is continually updated and some lender data is still to be captured.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 09/12/2021 17:48:58 answering member 4414 label Biography information for Paul Scully
tabling member	1506 label Biography information for Andrew Gwynne

1355790

registered interest
date	15/09/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Small Businesses: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what fiscal steps his Department is taking to help small and medium-sized businesses in (a) Coventry North East constituency, (b) Coventry, (c) the West Midlands and (d) England recover from the covid-19 outbreak.
tabling member constituency	Coventry North East
tabling member printed	Colleen Fletcher
uin	50046
answer	answer is ministerial correction date of answer 20/09/2021 answer text <p>Throughout the pandemic, the Government has provided historic levels of support to the economy. This is a total of £352 billion, delivered through job and income support, tax reliefs and deferrals, and cash loans and grants for businesses. However, the Government recognises that it takes time for businesses and the economy to bounce back – this is why many of the pillars of the support package announced at the Spring Budget were set to last well beyond the end of the Roadmap.</p><p> </p><p>Over the course of the pandemic the Government has made up to £25 billion in cash grants available to protect businesses of all sizes in England and the jobs they support. Over £2 billion of discretionary business grant funding has been provided to local authorities via the Additional Restrictions Grant (ARG) fund, including a £425 million top-up announced at the Budget. A significant proportion of this £2 billion is still with local authorities and available to be allocated to businesses, including small and medium sized businesses, in need of support.</p><p> </p><p>Businesses throughout the UK can also benefit from the Recovery Loan Scheme, which runs until the end of the year. This ensures viable businesses continue to have access to Government-backed finance they need throughout 2021.</p><p> </p><p>Businesses of all sizes have been supported through the Coronavirus Job Retention Scheme (CJRS) and Self-Employed Income Support Scheme (SEISS), which have provided a total of £68.5 billion and £27 billion in support respectively to date. The CJRS has supported approximately 21,000 jobs in the Coventry North East constituency since its inception, and the SEISS has had over 15,000 claims in this area.</p><p> </p><p>There is also significant continued relief on business rates and VAT for retail, hospitality and leisure sectors for this financial year. And the commercial rent moratorium has been extended until March 2022.</p><p> </p> answering member constituency Faversham and Mid Kent answering member printed Helen Whately question first answered 20/09/2021 15:01:33 answering member 4527 label Biography information for Helen Whately
tabling member	4378 label Biography information for Colleen Fletcher

1353197

registered interest
date	07/09/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Small Businesses: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	What fiscal steps his Department is taking to help small and medium-sized businesses recover from the covid-19 pandemic.
tabling member constituency	Bolsover
tabling member printed	Mark Fletcher
uin	903249
answer	answer is ministerial correction date of answer 07/09/2021 answer text <p>Throughout the pandemic, the Government has sought to protect people’s jobs and livelihoods while also supporting businesses of all sizes across the UK. We put in place an economic support package totaling £352 billion through the furlough and self-employed income support schemes, as well as support for businesses of all sizes through grants and loans, business rates and VAT relief, and a commercial rents moratorium.</p><p> </p><p>We want to help small businesses across the UK to scale and grow as they recover from the pandemic. At Budget, we announced Help to Grow: Digital and Management. Help to Grow: Digital provides a new online platform and voucher to support SMEs to adopt software which could help them save time and money and grow faster. Help to Grow: Management offers a new, world-leading management skills training programme to upskill 30,000 small businesses across the UK over three years, to help boost their business’s performance, resilience, and long-term growth through practical leadership and management training.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 903257 question first answered 07/09/2021 15:19:10 answering member 4051 label Biography information for John Glen
tabling member	4774 label Biography information for Mark Fletcher

1353199

registered interest
date	07/09/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Small Businesses: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	What fiscal steps his Department is taking to help small and medium-sized businesses recover from the covid-19 pandemic.
tabling member constituency	Eastleigh
tabling member printed	Paul Holmes
uin	903257
answer	answer is ministerial correction date of answer 07/09/2021 answer text <p>Throughout the pandemic, the Government has sought to protect people’s jobs and livelihoods while also supporting businesses of all sizes across the UK. We put in place an economic support package totaling £352 billion through the furlough and self-employed income support schemes, as well as support for businesses of all sizes through grants and loans, business rates and VAT relief, and a commercial rents moratorium.</p><p> </p><p>We want to help small businesses across the UK to scale and grow as they recover from the pandemic. At Budget, we announced Help to Grow: Digital and Management. Help to Grow: Digital provides a new online platform and voucher to support SMEs to adopt software which could help them save time and money and grow faster. Help to Grow: Management offers a new, world-leading management skills training programme to upskill 30,000 small businesses across the UK over three years, to help boost their business’s performance, resilience, and long-term growth through practical leadership and management training.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 903249 question first answered 07/09/2021 15:19:10 answering member 4051 label Biography information for John Glen
tabling member	4803 label Biography information for Paul Holmes

1349733

registered interest
date	22/07/2021
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to support businesses that are owed significant rent arrears as a result of the covid-19 outbreak.
tabling member constituency	Isle of Wight
tabling member printed	Bob Seely
uin	38413
answer	answer is ministerial correction date of answer 09/09/2021 answer text <p>The Government will introduce legislation to support the orderly resolution of rental payments accrued by commercial tenants affected by the pandemic. The legislation will ringfence rent debt accrued during the pandemic by businesses affected by enforced closures. The legislation will also set out a process of binding arbitration to be undertaken between landlords and tenants. This is to be used as a last resort after bilateral negotiations have been undertaken and only where landlords and tenants cannot otherwise come to a resolution.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 09/09/2021 16:33:18 answering member 4414 label Biography information for Paul Scully
tabling member	4681 label Biography information for Bob Seely

1347965

registered interest
date	19/07/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Small Businesses: Coronavirus
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what plans they have to offer financial support to small businesses who will keep COVID-19 capacity limits in place.
tabling member printed	Lord Taylor of Warwick
uin	HL2184
answer	answer is ministerial correction date of answer 30/07/2021 answer text <p>Throughout the pandemic, the Government has sought to protect people’s jobs and livelihoods while also supporting businesses and public services across the UK.</p><p> </p><p>To do this, the Government has put in place an economic package of support totalling £352 billion through the furlough and self-employed income support schemes, support for businesses through grants and loans, and business rates and VAT relief. Many of these schemes were extended at the Budget to provide continued support to businesses.</p><p> </p><p>In particular, the Government has made up to £25 billion in cash grants available over the course of the pandemic, to protect businesses in England and the jobs they support. Over £2 billion of discretionary business grant funding has been provided to local authorities via the Additional Restrictions Grant (ARG) fund, including a £425 million top-up announced at the Budget. A significant proportion of this £2 billion is still with local authorities and available to be allocated to businesses in need of support.</p><p> </p><p>Business Rates relief for retail, hospitality &amp; leisure will continue until next April. Eligible businesses have paid no business rates for 15 months from 1 April 2020, and thanks to the 66% relief, which took effect on 1 July 2021, an estimated 90% of eligible businesses will see a 75% reduction in the business rates bill for the entire financial year.</p><p> </p><p>The Recovery Loan Scheme (RLS) ensures viable businesses, including small businesses, continue to have access to Government-backed finance needed throughout 2021. The scheme will run until 31 December 2021. The scheme operates UK-wide, providing an 80% guarantee to lenders for term loans, overdrafts, and invoice and asset finance.</p><p> </p><p>To continue supporting the cash flow and viability of around 150,000 businesses and to protect over 2.4 million jobs across the UK, the Government has extended the temporary reduced rate of VAT (5%) to goods and services supplied by the tourism and hospitality sectors to the end of September. To help businesses manage the transition back to the standard rate, a 12.5% rate will then apply for a further six months, until 31 March 2022.</p> answering member printed Lord Agnew of Oulton question first answered 30/07/2021 09:33:30 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	1796 label Biography information for Lord Taylor of Warwick

1341957

registered interest
date	29/06/2021
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Coronavirus
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans he has to continue to support SMEs experiencing a slow recovery as covid-19 restrictions are eased.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	24258
answer	answer is ministerial correction date of answer 07/07/2021 answer text <p>Throughout the pandemic, the Government has sought to protect people’s jobs and livelihoods in businesses across the UK.</p><p>The Government put in place an economic package of support totalling £352 billion through the furlough and self-employed income support schemes, support for businesses through grants and loans, business rates and VAT relief.</p><p>At the Budget, my Rt. Hon. Friend Mr Chancellor of the Exchequer announced a generous extension of economic support to reflect the easing of restrictions and enable the private sector to bounce back as quickly as possible. Most of our schemes do not end until September or after, in order to provide continuity and certainty for businesses.</p><p>The Recovery Loan scheme which launched on 6 April 2021 will ensure UK businesses of any size, including small businesses can continue to access loans and other kinds of finance up to £10million per business as they grow and recover from the disruption of the Covid-19 pandemic. The scheme is open until 31 December 2021, subject to review.</p><p>At Budget, it was also announced that Local Authorities in England will receive a top-up worth a total of £425m to the Additional Restrictions Grant (ARG) fund. This, combined with the £1.6 billion previously allocated, means that Local Authorities will have received over £2bn in discretionary grant funding, to support businesses which are experiencing severe impact due to public health restrictions.</p><p>In order to aid businesses and employees through the next stage of the pandemic, at the Budget the Government extended the Coronavirus Job Retention Scheme (CJRS) for a further five months from May until the end of September 2021, when the CJRS will close. Furloughed workers in the UK will continue to receive generous support as the CJRS ensures employees receive 80 per cent of their current salary for hours not worked, up to £2,500 per month. From November 2020 to the end of June 2021, employers were only required to pay NICs and pension contributions. As the economy reopens and demand returns, the Government is asking employers to make a small additional contribution, of 10 per cent towards the cost of paying for unworked hours, from July. As the economy reopens further, this employer contribution will increase to 20 per cent in August and September.</p><p> </p><p>In line with the extension to the CJRS, the Government announced at Budget 2021 that the Self-Employment Income Support Scheme (SEISS) will continue until September, with a fourth and a final fifth grant. This provides certainty to business as the economy reopens and means the SEISS will continue to be one of the most generous schemes for the self-employed in the world.</p><p>In order to further support small businesses to prosper after Covid, and improve their growth, productivity and resilience, the Government is introducing the £520m Help to Grow programme. Announced at Spring Budget, the Help to Grow programmes will support UK small businesses scale and grow as they recover from the pandemic. Help to Grow: Management will provide intensive leadership and management skills support to 30,000 small businesses. Help to Grow: Digital could support 100,000 small businesses with online advice and a voucher for software costs.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully question first answered 07/07/2021 15:14:17 answering member 4414 label Biography information for Paul Scully
tabling member	4471 label Biography information for Rachael Maskell