Small Business Commissioner: Late Payments

Debate between Lord Callanan and Lord Palmer of Childs Hill

Tuesday 7th December 2021 Lords Chamber

[Lord Callanan (Con)]

I apologise to my noble friend, but I did not quite catch all of his question. This is a serious problem. The Small Business Commissioner is newly appointed, and she is still getting to grips with her role. To be fair to the previous commissioner, since December 2017, the commissioner has recovered more than £7.8 million owed to small businesses. A lot is happening in this area, but I totally accept that we need to do more.

[Lord Palmer of Childs Hill (LD)]

My Lords, will the Minister please say whether, in the trade agreements on which the Government are embarked, there will be some provision so that overseas companies pay their UK customers promptly?

[Lord Callanan (Con)]

These things are all extremely important. I do not know whether there are any specific provisions in trade agreements on prompt payment, but I shall certainly have a look and write to the noble Lord about it.

Emissions: Housing

Debate between Lord Callanan and Lord Palmer of Childs Hill

Monday 22nd June 2020 Lords Chamber

[Lord Callanan [V]]

I can confirm that we will do that. The noble Lord makes a very good point. We noted with interest the analysis in the Smart Growth America report that a job in home insulation could be created for £59,000, which is less than for comparative jobs, such as road maintenance. The most recent release by the Office for National Statistics shows that in 2018 energy-efficiency products supported the largest number of full-time jobs—about 114,000—of any sector in the low-carbon and renewable energy economy.

[Lord Palmer of Childs Hill (LD) [V]]

My Lords, my noble friend Lord Teverson called for a plan of action and asked what the plan of action is. What we have heard from the Minister is an ambition. Will he say what action the Government are going to take? For instance, will there be technical advice on older houses? Will there be different advice for those in older buildings and for buildings with cavity walls? Will there be help with double glazing? I have heard nothing about action; I have heard only about ambition.

Coronavirus Business Interruption Loan Scheme

Debate between Lord Callanan and Lord Palmer of Childs Hill

Tuesday 12th May 2020 Lords Chamber

[Lord Callanan]

The Government will continue to monitor and review all their business support schemes and make changes where necessary. I am sure that the noble Baroness has noticed that this afternoon the Chancellor will be making a Statement in the House of Commons on the job retention scheme and the Government’s wider economic coronavirus support package. I am sure that she will get more information then.

[Lord Palmer of Childs Hill (LD)]

My Lords, under the bounce-back scheme, interest is charged at 2.5%, but under CBILS lenders are charging considerably more. At the same time, banks are paying savers interest of less than 1%. My noble friend Lord Razzall talked about the small number of SMEs taking up loans under the scheme. Does the Minister agree that banks have a different idea of “We are all in it together” compared with the rest of the population?

[Lord Callanan]

No, I do not accept that criticism of the banks. They have worked extremely hard, as have the British Business Bank and the department, to try to get as many loans approved as possible for businesses that want them. The Government are—certainly through the bounce-back scheme—supporting 100% of the amount of those loans. Therefore, a lot of work is going on in all the sectors to try to help the businesses that require support.