Oral Answers to Questions
Debate between James Cleverly and Jeremy Lefroy(5 years, 4 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Speaker
The hon. Gentleman is a very busy fella, with a full diary. We are all greatly impressed.
Jeremy Lefroy (Stafford) (Con)
One of the major risks of leaving without a deal, which I very much hope will not happen, is cash-flow problems, particularly for small and medium-sized businesses. I had understood that the Treasury and the whole Government were making plans to ensure that additional cash flow would be made available, particularly for SMEs, for delays in payments, customs dues and so on. But at the Exiting the European Union Committee yesterday, we heard from all witnesses that they were not aware of any such plans for their members. Can the Minister set out clearly what those plans are and when they will be made known?
James Cleverly
The Government absolutely remain committed to ensuring that businesses, whether they are large, small or medium-sized, thrive in any Brexit-related scenario. The Governor of the Bank of England has said that we are well prepared. I will ensure that more details are circulated about what mitigating measures the UK Government will put in place for small and medium-sized businesses.