Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Lord Grayling Excerpts
Tuesday 1st December 2020

(4 years ago)

Commons Chamber
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John Glen Portrait John Glen
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There have been a range of estimates due to the considerable challenges in verifying data. What I would say is that our priority has been to protect as many businesses and jobs throughout with this intervention. We have always considered the fraud risks and the need to maintain a sense that the loans need to be paid back, but the Cabinet Office and the British Business Bank are continuing to work on that mitigation strategy, where we have a mandatory system to detect multiple applications. The default risk is an evolving picture that we will keep very close to.

Lord Grayling Portrait Chris Grayling (Epsom and Ewell) (Con)
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What recent financial support his Department has provided to the aviation sector; and if he will make a statement.

Jesse Norman Portrait The Financial Secretary to the Treasury (Jesse Norman)
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It is great to see you in the Chair, Mr Speaker. I thank my right hon. Friend for his very constructive engagement with the Government on this important issue. The Government have recently announced, as he will be aware, a package of financial support for English airports and ground handlers. This support, which will shore up jobs and reinforce local economies, will be equivalent to the business rates liabilities of each business up to a maximum of £8 million per site. It has been warmly welcomed by the Airport Operators Association.

Lord Grayling Portrait Chris Grayling
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I thank the Minister for that additional support for regional airports, which is very welcome, but the steps taken by the Government generally to move a small distance towards reopening the aviation sector last week go nowhere near what is needed. We face a situation in January when the Brexit transition period will be open, but our principal airports and our principal aviation links to key business centres around the world will effectively still be closed. I urge the Chancellor and the Minister to use every influence they have in government to get that dealt with and at least to get airport testing and what is necessary available on those key strategic routes.

Jesse Norman Portrait Jesse Norman
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My right hon. Friend is absolutely right to focus on testing. As he will be aware, the “test to release” regime combines a much shorter self-isolation period with a real focus on public health. As he will also know from the global travel taskforce report, we as a country are continuing to explore pre-departure testing with partner countries on a bilateral basis, including different models by which that might be delivered.