Lockdown: Economic Support Debate

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Department: HM Treasury

Lockdown: Economic Support

Matthew Pennycook Excerpts
Tuesday 3rd November 2020

(3 years, 6 months ago)

Commons Chamber
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Steve Barclay Portrait Steve Barclay
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First, I thank my hon. Friend for recognising the huge contribution of officials in HMRC, the Treasury and, indeed, across Whitehall in ensuring that that business support was delivered at the pace it has been. On the international comparison, I draw my hon. Friend’s attention to the report of the director of the IMF just last week, which I think is probably the best illustration of the way that the UK package of support is seen as offering one of the most comprehensive packages of support. It was recognised by the IMF and I think that shows where it stands in terms of international comparison.

Matthew Pennycook Portrait Matthew Pennycook (Greenwich and Woolwich) (Lab)
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When concerns were voiced earlier about the implications that flow from the fact that rateable values in some parts of the country are far higher than in others, the Chief Secretary could only point to discretionary grant funding. However, not only has the detailed guidance that would allow local authorities to distribute that discretionary funding not yet been published, but it will be distributed on the basis of a flat rate of £20 per head, irrespective of geographical area, as he knows. So can the Chief Secretary first ensure that that guidance is published promptly, so that local authorities can plan, but also look again at better tailoring support to account for variations in rateable value across the country?

Steve Barclay Portrait Steve Barclay
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I will take away the fair point that the hon. Gentleman raises about publishing guidance and seek to respond to it constructively. In terms of the £20 a head, often representations have been made to me in the Chamber that it is vital for the Government to move at pace to deliver schemes quickly, and to do so fairly. Without reprising the previous urgent question where the Mayor of Greater Manchester, according to the Labour Front-Bench team, was acting for Great Britain in a way that the Mayor of the Liverpool city region and others were not, which I felt was an unfair characterisation of their position, the point is that we need to deploy schemes quickly, which is why we have taken the approach that we have.