Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Rachel Hopkins Excerpts
Tuesday 1st December 2020

(4 years ago)

Commons Chamber
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Afzal Khan Portrait Afzal Khan (Manchester, Gorton) (Lab)
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What representations he has received from organisations representing people who are ineligible for covid-19 financial support schemes; and if he will make a statement.

Rachel Hopkins Portrait Rachel Hopkins (Luton South) (Lab)
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What representations he has received from organisations representing people who are ineligible for covid-19 financial support schemes; and if he will make a statement.

Rishi Sunak Portrait The Chancellor of the Exchequer (Rishi Sunak)
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Before I start, I know that Members from around the House will join me in commemorating World AIDS Day and the many organisations that make this day happen. As we remember those we have lost to HIV and AIDS, we also remind ourselves of the need for further action. I am proud that this Conservative Government’s policy is to end new HIV transmission by 2030—a commitment reaffirmed today at the launch of the HIV commission.

Throughout this crisis, the Government’s economic priority has been to protect jobs, livelihoods, businesses and public services, and we have spent more than £280 billion in doing so.

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Rishi Sunak Portrait Rishi Sunak
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I feel very bad for David and Alice with the difficult situation that they are facing. However, I am sure that their small business, like a million other small companies across the country, has been able to benefit, I hope, from the bounce back loan programme, one of the most successful small business loan programmes that we have seen throughout this crisis. It has provided tens of billions of pounds to a million small and medium-sized businesses—up to £50,000—to help exactly those companies to get through this difficult time.

Rachel Hopkins Portrait Rachel Hopkins
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While the Government have provided support for creative institutions through the culture recovery fund, they are running the risk of losing our world-renowned elite west end musicians who are excluded from financial support due to being freelancers or limited companies. We risk losing these elite skills altogether and damage to the industry would have a negative impact on the ability of young musicians from working-class towns such as Luton being able to pursue a career in music.

Considering the sector provides more than £5 billion to our economy, can the Chancellor update the House on what barriers remain to getting support to musicians?

Rishi Sunak Portrait Rishi Sunak
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There is no barrier to support for anyone to access any of the various things that we have put in place. I am glad that the hon. Lady mentioned the culture recovery fund. At £1.5 billion, it is something that I do not believe any other country has done at such a scale, coupled to which is our further support for the creative arts and the film and TV production industry, which my right hon. Friend the Financial Secretary to the Treasury will be talking about later. We agree that this is an important sector and we want to ensure that it can get back to work.