Covid-19: Economy Update Debate

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Department: HM Treasury

Covid-19: Economy Update

Kieran Mullan Excerpts
Thursday 22nd October 2020

(4 years, 1 month ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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The circumstances of everyone who is self-employed will be different. It may well be that they own a business premises, which will benefit from business rates relief or a cash grant. It may well be that they have used the bounce back loan scheme, as over a million small businesses have. It may be that they are benefiting from the enhanced welfare system and the improvements to universal credit and the local housing allowance. Or it may be that they are the self-employed people who today will benefit from a doubling of the grant that I have announced, which will be up to over £3,700 this Christmas. This remains one of the most comprehensive packages of support for those who are self-employed anywhere in the world.

Kieran Mullan Portrait Dr Kieran Mullan (Crewe and Nantwich) (Con)
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On behalf of the Hop Pole pub in Wistaston, Hickory’s Smokehouse in Shavington, Pillory House in Nantwich, Giovanni’s in Crewe and Eight Farmers in Leighton, all of whom have been telling about the difficulties that they have been facing, I thank the Chancellor for the support measures that he has announced today, which will have a huge impact on their ability to get through this troubling time. Will he confirm when the support will be available and whether it will be backdated for those of us who have been in tier 2 for some time?

Rishi Sunak Portrait Rishi Sunak
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If we are ending on this note, my hon. Friend has made me exceptionally hungry to hear that roll-call of great-sounding restaurants, which I hope I have a chance to visit with him. I can gladly give him that reassurance. We will be backdating the tier 2 grant support to the time that those restrictions were put in place, and I hope that will be of benefit to all the restaurants that he mentioned and many more small businesses in his constituency.

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