Baroness Hussein-Ece
Main Page: Baroness Hussein-Ece (Liberal Democrat - Life peer)(12 years, 11 months ago)
Lords ChamberPretty well anything that the noble Baroness could suggest today that we might do to reassure people all around the country, particularly in small high streets where the businesses are not run by great consortiums but by people who have been made very nervous, I will take away. I do not know whether they are looking at all of that at the moment. However, at the core of everything that we are doing is an understanding. We have been called a nation of small shopkeepers, and this is what the Question is about. We will make sure that we do our best for them.
My Lords, many small businesses that were damaged or that have closed down as a result of the recent riots may have lost, or have a lack of, complete financial records. This may prohibit them from taking advantage of the compensation that has been made available. Will the Minister reassure me and these small businesses that they will be treated fairly and with sympathy, particularly at local level?
Yes, I can assure my noble friend of this. First, all 35 affected local authorities have now indicated that they will provide support for affected businesses through the high street support scheme. Companies without insurance can seek compensation from their police authority under the Riot (Damages) Act. Her Majesty’s Revenue and Customs is delaying tax payments for businesses needing help. Companies House has agreed to an extension for affected companies unable to file accounts or other documents, and a charitable high street fund has been set up. I am delighted to answer the Question, not because riots are something that I want to talk about, but because it is marvellous to see how much help is being given all over the country. This is society at work—I will not even say the big society.