(3 years, 9 months ago)
Lords ChamberI outlined the support packages earlier. We want to take into account the concerns of many sectors, such as those that the noble Earl highlights. We will keep these matters under review and my colleagues in DCMS will continue to liaise closely with the sector.
The night-time economy accounts for 8% of the UK’s employment, with revenues of £66 billion a year. Perhaps less well known is that 18% of the black community work at night, compared to 11% of the white community. Bearing in mind that Covid appears to have more of an adverse effect on the black community, what progress are the Government making into researching the reasons for this racial disparity?
The noble Lord is tempting me to stray into matters beyond my brief. I know that considerable research is going on, from funding provided by the DHSC, to ascertain the precise impacts of the virus on different communities. The noble Lord is entirely right that the night-economy time is vital to the black community. Within the night-time economy, the hospitality sector alone employs around 2 million people, with 7% more BAME employees than the UK average of 12%. As I outlined earlier, we have taken steps to try to preserve as many of these jobs as possible.
(4 years, 2 months ago)
Lords ChamberI agree with the noble Lord. The Government carry out their own research into the potential economic opportunities from low and zero-carbon emission shipping, and I recognise that this represents a historic opportunity for the UK. I would certainly be happy to organise a meeting for him, either with my department or the Department for Transport, whichever is the most appropriate.
[Inaudible.]—maritime still has a hurdle to climb. The recent Global Maritime Issues Monitor cited the World Maritime University’s research into workforce diversity, stating:
“Without increased diversity in the next 10 years, the pace of innovation in the maritime industry will be slow”.
This also applies to achieving net-zero emissions targets. The report made it clear that workforce diversity includes race and gender diversity and is relevant to the issue of net-zero targets. Therefore, what role do the Government have in promoting such diversity in the maritime industry?
The Government agree with the need to increase diversity in the maritime sector if it is to meet the challenges of the future. Of course, we need to embrace talent from everywhere. In support of this, we have been working actively with the sector to promote greater diversity. One notable success has been the Women in Maritime task force, established in 2018.
(4 years, 6 months ago)
Lords ChamberI can tell my noble friend that many bounce-back loans are being approved within a day. We are getting the money out to companies as quickly as possible. I am sure she will understand that I do not want to give out information in advance of what the Chancellor might say in Parliament this afternoon.
My Lords, ethnic minority business owners have historically found it more difficult to access bank loans and other finance. In many cases, they operate microbusinesses where they would have to be almost a prophet to accurately forecast their profit. Have the difficulties faced by ethnic-minority business owners been factored in?
The noble Lord raises a good point but CBILS is open to businesses across all sectors in all parts of the country. We continue to monitor and review the implementation of all our loan schemes and we will not be slow to make any necessary changes. If the noble Lord has any specific information about difficulties being experienced by ethnic-minority businesses, I would be very happy to see it.