Self-employed Persons: Financial Support Debate

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Department: HM Treasury

Self-employed Persons: Financial Support

Caroline Lucas Excerpts
Tuesday 24th March 2020

(4 years, 7 months ago)

Commons Chamber
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Steve Barclay Portrait Steve Barclay
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My hon. Friend is right that there is a range of costs. As I say, we are looking as part of our support at what action can be taken. He can see, as an illustration of that, the action that has been taken on mortgages and in support of renters—both for mortgage holders directly and in terms of the buy-to-let market. Measures have been taken, but we stand ready to look at further measures.

Caroline Lucas Portrait Caroline Lucas (Brighton, Pavilion) (Green)
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The local economy in Brighton and Hove is overwhelmingly dependent on the self-employed, so I cannot overstate how urgent it is that we have action on this. I do not know whether the Minister gave a deadline when he spoke to his colleague earlier, but if he did not, will he please tell us that we will have action by the end of the week? Universal credit is not a fair option for many freelancers, because it means they have to delve into savings that they have put aside because they do not have pensions. We are going to push them into greater insecurity right now if we cause them to have to rely on that instead.

Steve Barclay Portrait Steve Barclay
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As I said in my opening statement, the Chancellor is meeting on this today and we hope to bring forward proposals in the coming days.