Debates between Kemi Badenoch and Marcus Fysh during the 2019-2024 Parliament

Oral Answers to Questions

Debate between Kemi Badenoch and Marcus Fysh
Tuesday 27th April 2021

(3 years, 6 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Kemi Badenoch Portrait Kemi Badenoch
- View Speech - Hansard - -

The Government recognise the challenging circumstances facing the aviation industry, which the hon. Member described. The industry can draw on the package of measures announced by the Chancellor, including not just the furlough scheme but schemes to raise capital, flexibilities with tax bills and employment support. The aerospace sector and aviation customers are being supported with over £11 billion made available through loan guarantees, support for exporters, the Bank of England’s covid corporate financing facility and grants for research and development. In addition, the renewed airport and ground operations support scheme, which the Chancellor announced in his Budget, will provide support for eligible businesses in England with their fixed costs for a further six months up to the equivalent of their business rate liabilities for the first half of 2021-22.

Marcus Fysh Portrait Mr Marcus Fysh (Yeovil) (Con)
- Hansard - - - Excerpts

What steps his Department is taking to encourage business investment.