Retail Businesses: Financial Support

Lord Dholakia Excerpts
Monday 21st September 2020

(4 years, 3 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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The noble Baroness is right to draw attention to the massive changes taking place in the retail sector, some of which were exacerbated by the Covid dynamic. There has been a lot of switching to online shopping, but many high street premises are engaged in online business as well. So, there is a vast range of innovative things happening throughout the sector.

Lord Dholakia Portrait Lord Dholakia (LD)
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My Lords, a number of small retail businesses are owned by people from ethnic minority communities. What consultation has taken place with their professional bodies? Can the Minister produce a list so they can see how to survive the present crisis?

Lord Callanan Portrait Lord Callanan (Con)
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We continue to engage with professional organisations from all sectors. The Covid support schemes, including the loan guarantee schemes, are designed to be as accessible to as many businesses as possible, including, of course, BAME businesses.