Economic Update

Jason McCartney Excerpts

Tuesday 17th March 2020 Commons Chamber

[Rishi Sunak]

The hon. Lady asked about flooding. In last week’s Budget we outlined a variety of packages to help the communities affected by that. First and foremost, there was £120 million to rebuild flood defences that have just been destroyed, as well as £200 million of new resilience funding for communities that are repeatedly flooded and £5.2 billion, which represents a doubling of the amount that we spend every year to build new flood defences. That will protect 300,000 people and it comes on top of the work by the Secretary of State for Housing, Communities and Local Government in activating the Bellwin scheme and providing immediate relief for communities that have been impacted by local flooding.

[Jason McCartney (Colne Valley) (Con)]

I welcome the Chancellor’s pledge to do whatever it takes to support businesses, families and individuals, but when will we get the details of support for renters, for the self-employed and for freelancers, and when will businesses that are losing customers day by day get those cash grants in their bank accounts, so that they can pay their staff, keep them employed and pay their rents?

[Rishi Sunak]

Measures to help those who are self-employed and in the gig economy are already taking effect as a result of the measures taken last week. The Secretary of State for Housing, Communities and Local Government is working at pace to deliver these cash grants to businesses in the coming days and weeks.