Oral Answers to Questions

Debate between Lord Sharma and David Linden

Tuesday 15th December 2020 Commons Chamber

[David Linden (Glasgow East) (SNP)]

  The Secretary of State will know that not all businesses need to re-furlough staff, and many that do not were counting on the £1,000 per employee job retention bonus. However, this has been scrapped, blasting a black hole in the books of countless businesses across the UK. The Treasury will not say when or how the scheme will be replaced, so can his Department perhaps give businesses some certainty over the billions in support that have been snatched away from them without warning?

[Alok Sharma]

I would just point out to the hon. Gentleman that, on support for businesses, what we have done is to look at the requirements and increase that support. As he will have heard, the level of support is now £280 billion. We have extended furlough and we have extended the self-employment scheme, and businesses that are now required to be closed because of restrictions can get up to £3,000 a month.