Debates between Lord Callanan and Lord Loomba during the 2019 Parliament

Retail Businesses: Financial Support

Debate between Lord Callanan and Lord Loomba
Monday 21st September 2020

(3 years, 6 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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Insurance cover is a matter of commercial contracts between providers and the insured; it would not be right for us to interfere in a contract that was lawfully made. My noble friend will understand that I am unable to comment on the possibility of any curfews at the moment.

Lord Loomba Portrait Lord Loomba (CB) [V]
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My Lords, as the pandemic continues to progress and more restrictive measures to counteract it are being considered, what assessment have the Government made of the long-term viability of financial support to help businesses survive for longer periods?

Lord Callanan Portrait Lord Callanan (Con)
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The noble Lord will be aware that, by 16 August, the Future Fund to help businesses had supported 590 investments with a total of £588 million.