Oral Answers to Questions

Gavin Newlands Excerpts
Monday 4th May 2020

(4 years, 6 months ago)

Commons Chamber
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Hannah Bardell Portrait Hannah Bardell (Livingston) (SNP)
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What discussions he has had with the Chancellor of the Exchequer on providing financial support for workers ineligible for the Coronavirus Job Retention Scheme.

Gavin Newlands Portrait Gavin Newlands (Paisley and Renfrewshire North) (SNP)
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What discussions he has had with the Chancellor of the Exchequer on providing financial support for workers ineligible for the Coronavirus Job Retention Scheme.

Nadhim Zahawi Portrait The Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy (Nadhim Zahawi)
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My Department is working closely with the Treasury on the coronavirus job retention scheme and the wider Government response. In developing the scheme, the Government have prioritised helping the greatest number of people as quickly as possible.

Nadhim Zahawi Portrait Nadhim Zahawi
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As I said, we have tried to prioritise helping the greatest number of people as quickly as possible. To make sure that other people can be helped, including those who are self-employed, a scheme for them is also available. We have tried to do as much as we can through grants, as well as through local government, including £617 million in discretionary grants for businesses that may not be registered for business rates, which can get the additional help that was announced in the past 48 hours.

Gavin Newlands Portrait Gavin Newlands [V]
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I am not entirely sure whether the Minister or the Secretary of State are listening. The truth is that the coronavirus business loan scheme is not working, partly because some lenders do not trust the Government to stand foursquare behind their loan guarantee without moving the goalposts at a future date. Loganair is just one of many businesses in my constituency with an urgent need to access the scheme through an overly cautious and risk-averse lender. What can the Minister and his colleagues in the Treasury do about that?