Economic Update

Lord Beamish Excerpts

Tuesday 17th March 2020 Commons Chamber

[Rishi Sunak]

My hon. Friend’s football club, like many others, will be eligible for the business rates relief measures and grants that I have announced today. On HMRC, we activated Time to Pay last week, and there are now 2,000 specific, dedicated HMRC officers ready to take the calls of businesses such as Gillingham football club, in order to provide exactly what he suggested: a deferral for their tax payments and an agreed schedule for paying them back.

[Mr Kevan Jones (North Durham) (Lab)]

Yesterday, the Government announced measures for the hospitality industry. Businesses are laying off people today, throughout the country and certainly in County Durham, where I have spoken to businesses this afternoon. It is clear that the Chancellor does not have a clue how ordinary people live. They do not have access to savings and they do not have access to trust funds or independent wealth; they rely on what comes in each week. I urge him very strongly either to ensure that benefits are paid from day one, or to bring in some system that allows the Government to subsidise wages directly for some small businesses.

[Rishi Sunak]

It is because we care deeply about the financial security of all people that we want to work hardest to protect their jobs. That is the way to help working people in this country. We have strengthened the welfare system, and the measures that we have taken today will increase the likelihood that we can preserve those jobs. We know that there is more to do.