Written Question
Friday 21st October 2022
Asked by:
Craig Williams (Conservative - Montgomeryshire)
Question
to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make it his policy to ensure that charities applying to the Recovery Loan Scheme are not required to demonstrate a negative impact arising from the covid-19 outbreak in order to secure finance.
Answered by Dean Russell
Under the first two iterations of the Recovery Loan Scheme, all applicants had to self-certify that they had been impacted by Covid-19 to access finance through the scheme. This requirement no longer applies to most applicants. Charities can continue to access finance through the scheme where they can self-certify they have been impacted by Covid-19. This exempts them from the requirement to derive at least 50 per cent of their income from trading activity that they would otherwise need to meet to access the scheme.
This provision will cease at the end of the year. All aspects of the Recovery Loan Scheme are under constant review to ensure that the scheme meets its policy objectives.
Written Question
Friday 21st October 2022
Asked by:
Craig Williams (Conservative - Montgomeryshire)
Question
to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to (a) extend the Government's Recovery Loan Scheme beyond December 2022 for charities, (b) keep the charity small trading exemption at 25% and (c) treat stable grant and donation income as trading income.
Answered by Dean Russell
Charities are currently able to access the Recovery Loan Scheme by self-certifying that they have been impacted by Covid-19. Otherwise, they must derive at least 50 per cent of their turnover from trading activity to access the scheme.
All aspects of the Recovery Loan Scheme are under constant review to ensure that the scheme can meet its objectives.
Speech in Commons Chamber - Tue 29 Sep 2020
Oral Answers to Questions
" What steps his Department is taking to support businesses during the covid-19 outbreak. ..."Craig Williams - View Speech
View all Craig Williams (Con - Montgomeryshire) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Tue 29 Sep 2020
Oral Answers to Questions
"I thank the Secretary of State for that answer and for the support to date. When we emerge from the current crisis, we must build back in an environmentally sustainable way and ensure that we are on track to meet our net zero target. What is he doing to deliver …..."Craig Williams - View Speech
View all Craig Williams (Con - Montgomeryshire) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Thu 16 Jul 2020
UK Internal Market: White Paper
"I thank my right hon. Friend for his statement and welcome the White Paper. Like thousands of my constituents, my dad and brother work in the building sector and travel to their jobs in England every day. I implore my right hon. Friend to ignore the attempts by the Welsh …..."Craig Williams - View Speech
View all Craig Williams (Con - Montgomeryshire) contributions to the debate on: UK Internal Market: White Paper
Speech in Commons Chamber - Mon 04 May 2020
Oral Answers to Questions
" What support his Department is providing to businesses designing new ways of working to help safely mitigate the effects of the covid-19 outbreak. ..."Craig Williams - View Speech
View all Craig Williams (Con - Montgomeryshire) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Mon 04 May 2020
Oral Answers to Questions
"I welcome my hon. Friend to her place. I want to ask particularly about tourism and hospitality, as Montgomeryshire is a rural, countryside constituency. It is built for socially distanced tourism, but the industry, including our pubs, our hotels and our countryside pursuits, will need some support in putting together …..."Craig Williams - View Speech
View all Craig Williams (Con - Montgomeryshire) contributions to the debate on: Oral Answers to Questions
Speech in Westminster Hall - Tue 06 Dec 2016
Tidal Lagoons and UK Energy Strategy
"I commend my right hon. Friend for securing this important and timely debate in the light of the Hendry review. Does he share my hope that the Minister will outline when he will share the Hendry review with Parliament? The review will provide great context for our future debates...."Craig Williams - View Speech
View all Craig Williams (Con - Montgomeryshire) contributions to the debate on: Tidal Lagoons and UK Energy Strategy