Covid-19: Economy Update

Navendu Mishra Excerpts

Thursday 22nd October 2020 Commons Chamber

[Rishi Sunak]

I am very grateful for my hon. Friend’s kind—I think—compliments; he knows that he is a large part of the reason why I am in this House, so he can take as much of the credit or blame for that as is required. I can give him the reassurance that he seeks. I have been delighted to visit his local businesses with him, and I know that he is an enormous champion for his local community, high streets and businesses. He works very hard on their behalf, and I know that the measures that we have announced today will make a difference to him and make sure that his community continues to be a thriving place.

[Navendu Mishra (Stockport) (Lab)]

Alan Gent runs the Petersgate Tap in my constituency. He employs five members of staff and the impact of the pandemic was already choking his business. He is not currently paying business rates, but his private landlord has rejected his request for a rent holiday, and now that Stockport is in tier 3, he cannot stay open. The support currently offered is woefully inadequate. Will the Chancellor now commit to addressing the real hardship of those who work in Stockport’s pubs, bars and hospitality sector?

[Rishi Sunak]

I have every sympathy with the hon. Gentleman’s constituent—I know what a difficult time it must be for him and his team and for those in similar industries—but actually I think that the support provided already will help him. The pub will be eligible for a business rate cash grant of up to £3,000 per month that he remains closed under tier 3 restrictions; across the UK, it will vary by place, but that should largely cover the vast majority of small and medium-sized pubs’ rental bills for that time. Of course, the five team members that the hon. Gentleman mentions could be put on the expanded job support scheme at essentially no cost to the employer. Those employees’ wages will be protected and covered by the Government.