Covid-19: Economic Package Debate

Full Debate: Read Full Debate
Department: HM Treasury

Covid-19: Economic Package

Flick Drummond Excerpts
Tuesday 12th May 2020

(3 years, 11 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Rishi Sunak Portrait Rishi Sunak
- Hansard - - - Excerpts

Introducing new measures to the schemes at this point would not be possible or desirable because it would just delay their operation. The problem with tapers is that there is still always an end point at the other end of the taper. With regard to the self-employment scheme, this covers 95% of all those who are self-employed, which is pretty comprehensive coverage. The 5% who are not covered have an average income of £200,000. Of course, there will be hard cases just the other side, but, on average, this is a group with relatively high earnings.

Flick Drummond Portrait Mrs Flick Drummond (Meon Valley) (Con) [V]
- Hansard - -

I thank the Treasury for a very comprehensive set of measures for businesses and employers across the country, including those in my constituency of Meon Valley. Will my right hon. Friend tell me when further guidance on the discretionary grant funding will be announced because some councils are not happy with using their discretion? I believe, though, that the Treasury has made it perfectly clear from the start that the list was not exhaustive and that councils should use their own discretion.

Rishi Sunak Portrait Rishi Sunak
- Hansard - - - Excerpts

I thank my hon. Friend for her support. I think I am safe in saying that the guidance will be issued imminently. Of course there will be some broad guidelines on whom we think that support should be targeted at, but of course local authorities will have the ultimate discretion.