Oral Answers to Questions Debate
Full Debate: Read Full DebateEleanor Smith
Main Page: Eleanor Smith (Labour - Wolverhampton South West)Department Debates - View all Eleanor Smith's debates with the Department for Business, Energy and Industrial Strategy
(6 years, 6 months ago)
Commons ChamberThe hon. Gentleman is right to say that these conversations have to happen jointly. There have been numerous meetings between my officials and officials in the Welsh Government, and I have met the Welsh Environment Secretary and her special advisers to discuss this and many other issues.
The Government have moved swiftly to support businesses, establishing the Carillion taskforce to ensure the co-ordination of support for firms affected by Carillion’s insolvency. This has included extra support from the banks of nearly £1 billion; British Business Bank supports to the tune of £100 million; and works with Her Majesty’s Revenue and Customs to ensure firms have advice and guidance through the business payment support service.
Since my last question about Carillion, 239 jobs have now been lost in Wolverhampton, which is a huge loss to our city. The Express & Star, a local newspaper in Wolverhampton, has said that hundreds of suppliers and subcontractors will be left unpaid, which means more job losses. How does the Department plan to provide support for those businesses and their workers?
The Government recognise that there will be an impact on the supply chain and on lots of small businesses that supplied Carillion. That is why we acted quickly to ensure that the banks were aware of those situations and the pressures that would be put on those businesses, to make sure the support was in place, with access to loans and finance, to ensure that we limit the impact as much as is possible. The hon. Lady will know that, so far, 11,450 jobs have been protected in the Carillion network, and we are doing more to ensure that we protect the rest.