Self-employed Persons: Financial Support Debate
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Andrew Griffith
Main Page: Andrew Griffith (Conservative - Arundel and South Downs)Department Debates - View all Andrew Griffith's debates with the HM Treasury
Self-employed Persons: Financial Support
Andrew Griffith Excerpts(4 years, 9 months ago)
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Steve Barclay
I accept the concern the hon. Lady raises, but I think she would equally accept that this is an unprecedented challenge and that staff in the DWP and elsewhere are working heroically to address the increased volumes. The best way for all of us to address this issue is through wider support for the economy as a whole. That is what was behind, first, the £30 billion of fiscal measures announced by the Chancellor at the Budget; the further announcement of the £350 billion, including £330 billion of loans, and the wider package last Tuesday; and the further measures announced by the Chancellor on Friday. That is on top of the measures the Bank of England has taken—for example, reducing base rates, and the £200 billion of bonds. A range of measures have been taken to support the economy and to reduce that blockage, but I absolutely accept that the numbers have increased, and we are reprioritising work in the DWP to assist with that.
Andrew Griffith (Arundel and South Downs) (Con)
My rural constituency has one of the highest concentrations of self-employed people in the country, so while I and other Conservative Members thank my right hon. Friend for the timely and unprecedented measures he has come forward with, I add my voice to the growing consensus across the House for measures to be extended to the self-employed.
Steve Barclay
My hon. Friend speaks with considerable business and financial experience, and he will know the cash-flow issues and the challenges that many of the businesses in his constituency face. We absolutely hear his message, just as we do the message from Members across the House, and that is why we are moving at pace to address them.