Covid-19: Economy Update Debate

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Department: HM Treasury

Covid-19: Economy Update

Andrew Jones Excerpts
Thursday 22nd October 2020

(3 years, 6 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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I have every sympathy with the hon. Gentleman’s constituent—I know what a difficult time it must be for him and his team and for those in similar industries—but actually I think that the support provided already will help him. The pub will be eligible for a business rate cash grant of up to £3,000 per month that he remains closed under tier 3 restrictions; across the UK, it will vary by place, but that should largely cover the vast majority of small and medium-sized pubs’ rental bills for that time. Of course, the five team members that the hon. Gentleman mentions could be put on the expanded job support scheme at essentially no cost to the employer. Those employees’ wages will be protected and covered by the Government.

Andrew Jones Portrait Andrew Jones (Harrogate and Knaresborough) (Con)
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I congratulate my right hon. Friend on his statement and thank him for all he is doing. Harrogate and Knaresborough is at the medium level, tier 1, but areas surrounding it are in the higher tier 2 category. Businesses have noted that with concern and are worried about what might happen should the position change and our tier be increased. The enhanced package will therefore be welcomed; I welcome it strongly. Does my right hon. Friend agree that the reduction in employer costs will result in more jobs being saved?

Rishi Sunak Portrait Rishi Sunak
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As ever, I thank my hon. Friend for his thoughtful comments. He is right. That is why we took the decision to make this a universal approach, with enhanced generosity, to deal with the situation he mentioned of businesses operating in proximity to other areas under restrictions—those supply chains. This is a universal, generous approach, designed, as he said, with a lower employer contribution, to make sure that we can protect and support as many jobs as possible.