Covid-19: Business Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
James Davies
Main Page: James Davies (Conservative - Vale of Clwyd)Department Debates - View all James Davies's debates with the Department for Business, Energy and Industrial Strategy
(4 years, 4 months ago)
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Alok Sharma
I would not say that businesses have been excluded. Indeed, if we look at the range of what is available in terms of loan schemes it covers the smallest businesses right to the very largest. We are seeing significant take-up particularly of the Bounce Back loan scheme. I made an announcement about the top-up to the local business grant fund scheme that we already have—almost £9 billion has gone out. This is a discretionary fund that is being set up to support businesses as well.
Dr James Davies (Vale of Clwyd) (Con) [V]
Will my right hon. Friend confirm that he is looking at how certain tourism and leisure facilities might open safely as and when the covid alert level is low in all parts of the UK?
Alok Sharma
I know that my hon. Friend is a champion for businesses in his constituency and he will be concerned for them. The Prime Minister has set out a timeline, but, as he has said, we also have to be cautious about how we proceed. We are currently looking at hospitality opening at some point in July, but that is entirely dependent on making sure that we keep the R factor down. In the meantime, as my hon. Friend knows and has heard from the Chancellor, additional support is being provided.