Oral Answers to Questions Debate

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Department: HM Treasury
Tuesday 20th October 2020

(3 years, 5 months ago)

Commons Chamber
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Jesse Norman Portrait Jesse Norman
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I welcome the hon. Lady to her place. I mourn the loss to his new job of her predecessor, the hon. Member for Ilford North (Wes Streeting), with whom I happily fenced over many sessions on the Finance Bill.

The answer to the hon. Lady’s question is, of course, that we are acutely aware of the financial costs on those businesses, as we are of those on businesses that have been forced to close, and that is why we have put in place an evolving and comprehensive programme of support for business.

Kate Osamor Portrait Kate Osamor (Edmonton) (Lab/Co-op)
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If he will hold discussions with the Secretary of State for Housing, Communities and Local Government on the potential merits of reopening business support grant funding schemes for allocation by local authorities. [907768]

Steve Barclay Portrait The Chief Secretary to the Treasury (Steve Barclay)
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I hold regular discussions with my right hon. Friend the Secretary of State for Housing, Communities and Local Government. The original national business grant schemes provided support to small businesses that faced fixed property-related costs during the strict lockdown period.

Kate Osamor Portrait Kate Osamor [V]
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I thank the Minister for his reply, but is he aware that in Enfield only 189 small businesses received a discretionary grant, even though 330 applied for one? In view of further restrictions in London, will the Minister commit to urgently releasing extra funding to Enfield Council to ensure that those businesses that previously missed out can reapply for financial support?

Steve Barclay Portrait Steve Barclay
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The previous grant was for businesses that had been forced to close. My right hon. Friend the Chancellor has allocated additional funding through the local restrictions support grant scheme for businesses that are forced to close, with an additional £1,500 per two-week closure period. As the hon. Lady said, the previous grant was discretionary and local authorities therefore had discretion as to how many firms benefited from it.