Oral Answers to Questions

Debate between Bill Esterson and Rishi Sunak
Wednesday 10th January 2024

(10 months, 2 weeks ago)

Commons Chamber
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Rishi Sunak Portrait The Prime Minister
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I am pleased that through our new hospitals programme Hampshire Hospitals NHS foundation trust will receive significant investment that will ensure that excellent care is available for my right hon. Friend and all her constituents. I think the trust started its consultation last year and the results are due at the end of March. We look forward to making sure we can deliver the project as quickly as possible, as part of the record capital investment in the NHS to deliver faster, better care to patients everywhere.

Bill Esterson Portrait Bill Esterson (Sefton Central) (Lab)
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Q5. Reports suggest that the Prime Minister’s family investment company, Catamaran Ventures, is being wound up and that his wife is exiting her interests in her childcare company, Koru Kids. Will the Prime Minister keep his promise to the Liaison Committee, which includes a number of Conservative MPs, and confirm whether he has forgotten to register any of his financial interests? Will he also publish all details of Catamaran Ventures’ investments?

Rishi Sunak Portrait The Prime Minister
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I take very seriously my responsibilities to register and declare all my relevant interests. All of them have been declared in accordance with the ministerial code and it is the role of the independent adviser to advise on what it is necessary to publish within that list, including in the case of Ministers’ family members. When specific questions are asked in sessions such as the Liaison Committee, as I have been in dialogue with the Committee, declarations are made on top of that, which I have made. As I have said from the Dispatch Box, my wife has been an investor in British companies over the past years, but that is now something that she has ceased to do going forward.

Economic Update

Debate between Bill Esterson and Rishi Sunak
Monday 11th January 2021

(3 years, 10 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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My right hon. Friend is right that this cash should get to businesses as quickly as possible. I can confirm that the guidance will be published this week, and cash from central Government should be with local authorities by the end of this week, at which point it will be up to them to distribute it as quickly as possible. I know that they have been focused on this in the past several months, so hopefully this process can be as quick as we all need it to be.

Bill Esterson Portrait Bill Esterson (Sefton Central) (Lab) [V]
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Infection rates in Sefton have more than doubled in the last week, and hospital admissions are up by 50%. Those people who have been excluded from financial support so far want to reduce infection levels and hospital admissions by staying at home, protecting the NHS and saving lives—they want to play their part too, but they need the Chancellor’s help to do so. What is his objection to using the £2 billion that the large retailers have returned in unused business rate relief to enable the many freelancers, self-employed people, people who run small firms and people who changed jobs at the wrong time to play their part in the national interest while we wait for the vaccine to be rolled out?

Rishi Sunak Portrait Rishi Sunak
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I think that the Opposition had called for that money—the £2 billion—to be used to support small businesses, particularly retail and hospitality businesses, which we have now supported to the tune of £4.5 billion; I know it would be nice to spend the same money twice. With regard to those who need supporting for self-isolation purposes, we have made available £500, on a means-tested basis, to those who need that help, and that money is being worked through with local councils and the Department of Health.

Spending Review 2020 and OBR Forecast

Debate between Bill Esterson and Rishi Sunak
Wednesday 25th November 2020

(4 years ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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My hon. Friend is absolutely right. The Government are committed to spreading opportunity across the country, especially in places where people feel they have not had the same fair crack of the whip. Our levelling up fund is designed to correct that. Today, her local area will be benefiting from discounted funding from the Public Works Loan Board to help with local infrastructure projects. That is a symbol of our commitment to her area and her constituents.

Bill Esterson Portrait Bill Esterson (Sefton Central) (Lab)
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The Chancellor said that my hon. Friends were wrong about the number of working people excluded from financial support. It is the freelancers and the self-employed who have not had any support who think that he is wrong. In the Liverpool city region, the Mayor, Steve Rotheram, has found a package to support some of the people who have been excluded. When will the Chancellor step up, support Steve Rotheram, Andy Burnham and the other Labour leaders in local government, and put a support package together? He has to admit that these people have not qualified for furlough, self-employed support or business grants, and most of them are not eligible for universal credit. When is he going to end this burning injustice?

Rishi Sunak Portrait Rishi Sunak
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Some £1 billion has been provided to local authorities across the country to support their businesses and local economies as they see fit. That funding has, of course, been made available to the hon. Gentleman’s local authority. If that is how it chooses to use the funding, that is up to the local authority. We have provided a range of different support, whether loans, access to our more generous welfare system or mortgage holidays that, in the end, one in six mortgage holders used. Those are all ways by which we have tried to do our best to provide support to the largest number of people possible.

Covid-19: Economy Update

Debate between Bill Esterson and Rishi Sunak
Thursday 22nd October 2020

(4 years, 1 month ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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My hon. Friend is absolutely right. I am always grateful to hear from Mayor Andy Street. Andy has rightly put on the agenda the situation for businesses, especially hospitality businesses, in tier 2 areas, which my hon. Friend represents, and wanted me to be aware of what was happening. I am glad that today’s set of measures will make a difference to both my hon. Friend and Andy’s wider set of businesses and, I know, to many other businesses across the country.

Bill Esterson Portrait Bill Esterson (Sefton Central) (Lab) [V]
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The Chancellor says that he will support only viable businesses. Kim runs a wedding photography business. She is self-employed and works from home and, like millions of people, she has not qualified for any of the measures that the Chancellor has announced. Weddings will need photographers again, and Kim already has 71 bookings for next year. Why is the Chancellor’s message to Kim, and millions like her, that he thinks her business is not viable?

Rishi Sunak Portrait Rishi Sunak
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If the hon. Member wants to write to me with Kim’s particular circumstances, I would be happy to see what various things we have done that may be of benefit to her and her business.

Oral Answers to Questions

Debate between Bill Esterson and Rishi Sunak
Tuesday 24th March 2020

(4 years, 8 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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I thank my right hon. Friend for his comments. It is certainly possible to use those historical returns. They are a year and a half out of date, so they will be necessarily imperfect. They also do not provide an easy way to distinguish between those who are deserving of support and whose incomes are being affected by what is happening, and those who are much wealthier and whose incomes are potentially increasing currently, but they do provide a basis and a universe to look at.

Bill Esterson Portrait Bill Esterson (Sefton Central) (Lab)
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When I mentioned earlier that the universal credit system was overwhelmed, the Minister may not quite have taken on board the point I was raising. A self-employed worker sent me a screenshot of their attempts to use the system yesterday; 33,383 people were ahead of them in the queue to use the claims section of the website. Unless this is resolved, people who need money right now—limited though that money is under universal credit—simply will not be able to get hold of it through the system.

Economic Update

Debate between Bill Esterson and Rishi Sunak
Tuesday 17th March 2020

(4 years, 8 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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My hon. Friend is right that speed is of the essence. The loan programme will be available from early next week. My right hon. Friend the Chief Secretary to the Treasury is doing an excellent job working with the banks to make sure that those applications will be processed at speed, so businesses that need that support will get it quickly.

Bill Esterson Portrait Bill Esterson (Sefton Central) (Lab)
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The amount of money announced for the loan guarantee scheme is a massive sum, but will businesses want to be saddled with debt when they have no income and no means of paying it back? Previous loan schemes were poorly taken up because the banks ignored the guarantee part of the scheme, so how will the Chancellor make sure that the loan guarantee scheme is delivered by the banks at the scale and speed needed?

Rishi Sunak Portrait Rishi Sunak
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I thank the hon. Member for the thoughtful question. He is right to ask about that particular point. He will be pleased to know that, compared with previous loan guarantee schemes, the generosity of the Government guarantees is significantly increased to provide a strong incentive for the banks to provide that lending. We have spoken to all the banks individually specifically on this measure and have their assurance that they will work at pace to deliver it. As a result of our entreaties, they have also unilaterally unlocked £21 billion of their own extra lending capacity to provide to the sector, so I am confident that they will deliver as required.