Covid-19: Government Support for Business Debate

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Department: HM Treasury

Covid-19: Government Support for Business

Chi Onwurah Excerpts
Thursday 16th December 2021

(2 years, 4 months ago)

Commons Chamber
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John Glen Portrait John Glen
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We will continue to engage with the sector. I just draw the hon. Lady’s attention to the £2 billion culture recovery fund; the emergency resources support fund, which gives up to £3 million of support to charities and £1 million to commercial entities in that sector; and the £800 million to the live events reinsurance scheme. However, we will continue to engage across different sectors of the economy.

Chi Onwurah Portrait Chi Onwurah (Newcastle upon Tyne Central) (Lab)
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Newcastle has a fantastic night-time economy and the Chancellor should visit, as it is a lot closer than California. Those businesses will be seeing a real reduction in footfall and trade, as will their suppliers directly, because of the omicron variant. What support is the Minister offering to them directly as a result of the omicron variant?

John Glen Portrait John Glen
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As I mentioned, there is outstanding support from the local additional restrictions grant, which local authorities have available. I would be happy to hear from the hon. Lady where Newcastle’s local authority is on the disbursal of that grant. As I said, we are meeting representatives from across the economy this afternoon and we will look carefully at what can be done.