Debates between Kate Osamor and Jesse Norman during the 2019 Parliament

Oral Answers to Questions

Debate between Kate Osamor and Jesse Norman
Tuesday 20th October 2020

(3 years, 6 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Jesse Norman Portrait Jesse Norman
- Hansard - - - Excerpts

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)
- Hansard - -

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]

Oral Answers to Questions

Debate between Kate Osamor and Jesse Norman
Tuesday 7th July 2020

(3 years, 10 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Kate Osamor Portrait Kate Osamor (Edmonton) (Lab/Co-op) [V]
- Hansard - -

Credit unions are known for offering those on low incomes alternative access to credit. However, due to covid-19, during April and May North London Credit Union in Enfield was hard hit and has seen an 87.5% fall in the number of loans issued. Will the Chancellor use his summer statement to announce financial support for credit unions, which are challenged with branch closures and possible bankruptcy?

Jesse Norman Portrait Jesse Norman
- Hansard - - - Excerpts

I entirely agree with the hon. Lady about the importance of credit unions. I am a member of Money Box Credit Union in Hereford and can vouch for their importance, especially for people on low incomes. She makes a very valid point, and it is one that we will continue to consider as we move forward.