Covid-19: Government Support for Business Debate
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Chris Law
Main Page: Chris Law (Scottish National Party - Dundee Central)Department Debates - View all Chris Law's debates with the HM Treasury
Covid-19: Government Support for Business
Chris Law Excerpts(3 years ago)
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John Glen
As I have said repeatedly, the Government are engaging across sectors. I recognise the depth and breadth of the impact of this variant, and we will look very carefully at what we need to do.
Chris Law (Dundee West) (SNP)
Despite the Treasury spin, last night’s Cobra meetings only confirmed that of course there is no money coming to Scotland; the money announced by the Treasury on Tuesday was pre-announced money. The Scottish Government have already acted to deliver £100 million of funding to support businesses disrupted by health advice in Scotland. They want to give more, but they cannot, due to the restrictions in place on devolved borrowing. Does the Minister accept that this aspect of the devolution settlement is hampering the ability of devolved Governments to act as necessary?
John Glen
I am sorry, but I cannot accept that. The Government have given an additional £12 billion to the devolved Administrations, which also benefit from the reduced VAT, the recovery loans and the other UK-wide measures, and the additional £430 million that was agreed this week.