Oral Answers to Questions

Clive Efford Excerpts
Monday 4th May 2020

(3 years, 11 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Nadhim Zahawi Portrait Nadhim Zahawi
- Hansard - - - Excerpts

I am sorry that the hon. Gentleman feels that way. My right hon. Friend the Secretary of State’s counterpart in the Scottish Government, Fiona Hyslop, to whom I speak every week, as I do to Ken Skates in Wales and Diane Dodds in Northern Ireland, thinks that the schemes are working well. We have improved them as we have reviewed them. We have also launched the bounce-back scheme, which is much simpler, of between £2,000 to £50,000, and can get money in the bank within 24 hours.

Clive Efford Portrait Clive Efford (Eltham) (Lab)
- Hansard - -

What steps he is taking to ensure that businesses do not profiteer from shortages of personal protective equipment in the health and social care sector.

Nadhim Zahawi Portrait The Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy (Nadhim Zahawi)
- Hansard - - - Excerpts

Profiteering in PPE is completely unacceptable, and I want to be clear that no one should seek to exploit this health emergency for financial gain.

Clive Efford Portrait Clive Efford
- Hansard - -

That is a disappointing answer. The problem has been exacerbated by the Government’s failure to stockpile PPE. There are numerous examples of people exploiting this situation, so it will only get worse if the Government do not act quickly. Will the Minister commit to legislating to take power to act against operators who exploit the situation?

Nadhim Zahawi Portrait Nadhim Zahawi
- Hansard - - - Excerpts

The Competition and Markets Authority has already written to the small number of firms suspected of profiteering, and the Secretary of State has recently met business and consumer representatives to discuss what further action might be necessary to address the issue. I have to put on record that the vast majority of firms are acting responsibly. So many across the UK, such as BrewDog, Diageo and hundreds of small operators, are supporting the national effort to tackle covid-19. As I said, the Secretary of State always keeps the options open for tackling profiteering.