Greensill Capital Debate
Full Debate: Read Full DebateDepartment: Ministry of Housing, Communities and Local Government
Jacob Young
Main Page: Jacob Young (Conservative - Redcar)Department Debates - View all Jacob Young's debates with the Ministry of Housing, Communities and Local Government
Greensill Capital
Jacob Young Excerpts(3 years, 8 months ago)
Commons ChamberRead Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
Paul Scully
A number of the issues the hon. Lady raised were slightly wide of the mark in respect of this urgent question. The review will do its work and Nigel Boardman has had assurance from all parties that they will co-operate and offer any information required. He is due to report back at the end of June.
Jacob Young (Redcar) (Con)
The furlough scheme, the self-employment income support scheme and the coronavirus business interruption loan scheme have been lifelines for many thousands of my constituents in Redcar and Cleveland, and across Teesside almost 500 businesses have benefited from CBILs worth well over £100 million. Will the Minister confirm that all those businesses have gone through the appropriate checks to be approved and that HMRC will take action against any fraudulent abuse of the scheme?
Paul Scully
My hon. Friend is absolutely right: any business applying for any of the Government schemes—I have talked about the accreditation required to deliver those schemes—has to go through a robust procedure. HMRC and other organisations will indeed make sure that we are hot on fraud, because this is taxpayers’ money that we are talking about. That is why, in the instance that this question is about, it is important to remember that the Chancellor rejected the suggestion that was put forward. The process is doing its job.