Coronavirus: Employment Support Debate

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Department: HM Treasury

Coronavirus: Employment Support

Ben Lake Excerpts
Thursday 19th March 2020

(4 years, 8 months ago)

Commons Chamber
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John Glen Portrait John Glen
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I acknowledge the point on the minimum income guarantee, which I have responded to previously. On co-ordination with the Bank of England, we have worked with the Financial Conduct Authority to introduce better forbearance measures for the banks so that they can act effectively and use their flexibilities. Obviously the bridging facility that the Bank of England has brought forward for bigger businesses is also important.

Ben Lake Portrait Ben Lake (Ceredigion) (PC)
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Will the Minister assure us that the package of measures that the Government intend to bring forward will offer support to the self-employed, sole traders and freelancers who may not themselves be ill but who may have already lost work due to the economic disruption of covid-19?

John Glen Portrait John Glen
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I confirm to the hon. Gentleman that we are looking at the most comprehensive package that we can bring forward that deals with all sectors and all categories. We want it to be effective to deal with the reality of the challenges that our country faces.