Craig Whittaker
Main Page: Craig Whittaker (Conservative - Calder Valley)Department Debates - View all Craig Whittaker's debates with the HM Treasury
(4 years, 1 month ago)
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Steve Barclay
First, it is perfectly fair and reasonable to target a level of support shaped by the rateable value of the property, which is what my right hon. Friend the Chancellor has done. The hon. Lady is right to point to the fact that within different local authorities there are different pressures, which is why in the £1.1 billion that has been allocated, we have given discretion to local authorities in their ability to then target support to businesses in the way that best meets local needs.
Craig Whittaker (Calder Valley) (Con)
I thank my right hon. Friend and the whole Treasury team for the remarkable job they are doing in these difficult times. However, I wish to highlight the plight of the people and businesses that have fallen through the financial gap. These are businesses that, through no fault of their own, have had to cease trading or are trading with a massive reduction in productivity, and are doing so without grants or access to salary, not because the Government have closed their business, but because they are in the supply chain that supplies the businesses that the Government have closed. Will he at least give reassurances that consideration is being given to these businesses, which have suffered huge losses in the past nine months? I am thinking of businesses such as the Little Valley Brewery in Calder Valley and the Robinwood outdoor education centre.
Steve Barclay
My hon. Friend is right to pick out the specific challenges faced by the supply chain, often because they supply multiple sectors; they may not be in a given sector where there are specific issues, but they supply across a number of sectors. So he is right about the issue. Part of the reason we have taken the universal approach on the wider package of schemes, whether on support for cash flow with the loans and grants, or on the direct measures to support the labour market through the furlough and self-employed income support schemes, is to recognise that once one tries to demarcate sectors, that becomes difficult in the supply chain. So part of the package of support that applies to the supply sector is provided through those universal schemes, but he is right about the issues that these businesses face.