James Daly
Main Page: James Daly (Conservative - Bury North)Department Debates - View all James Daly's debates with the HM Treasury
(4 years, 3 months ago)
Commons ChamberThose who work for their own companies can indeed avail themselves of the coronavirus job retention scheme for the PAYE part of their income already. With regard to support for the hospitality and leisure sector, I agree that it is the sector that has been most impacted by what we are all going through, which is why it is the sector that has received the most support, with cash grants of up to £25,000 for those businesses—almost a million are eligible—and an entire business rates holiday worth almost £12 billion for the entire 12 months of this financial year. I believe that to be considerable support, but, of course, as we emerge from this crisis I keep all economic measures under review.
May I thank the Chancellor for the speed with which he has managed to get so much money out to help my constituents in Bury? Does he agree with me that the coronavirus job retention scheme is one of the most generous in the world? I express my gratitude to him for supporting so many jobs in my constituency and throughout the country, many of which would have been lost without these schemes.