Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Christian Matheson Excerpts
Tuesday 26th January 2021

(3 years, 10 months ago)

Commons Chamber
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Jesse Norman Portrait The Financial Secretary to the Treasury (Jesse Norman)
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I thank my right hon. Friend for his question, which tempts me into indiscretion. He may be aware of this, but HMRC publishes annual estimates to illustrate the impact of changes in tax rates in a document sexily entitled “Direct effects of illustrative tax changes”. It is worth saying, however, that these estimates are themselves uncertain, because of different levels of behavioural response to tax changes, the potential for wider macroeconomic impacts and, of course, the interaction with other measures.

Christian Matheson Portrait Christian Matheson (City of Chester) (Lab)
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The pubs and hospitality sector so far has done everything that has been asked of it during the pandemic, but so far 46% of pubs have not received local restrictions support grants for November, let alone December, and 74% of pubs have yet to receive the Prime Minister’s Christmas bonus of £1,000, so what will Ministers be doing to speed up these payments and when will the pubs and hospitality sector get its money?

Rishi Sunak Portrait Rishi Sunak
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It is absolutely right that businesses get the funds as quickly as possible. What I would say is that central Government have disbursed that funding to local councils across the country, so it is actually for businesses to take up with their local authority why they have not received the money. There are two sets of grants: there are of course our monthly grants, which have been going for a while now, and the one-off payments of up to £9,000 that we announced earlier this year. But the hon. Gentleman is right to urge urgency. I know my colleagues in the Business Department are doing exactly that with local councils, but ultimately the responsibility will lie with individual councils.