Covid-19 Support Schemes: Ineligible People Debate

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Department: HM Treasury

Covid-19 Support Schemes: Ineligible People

Richard Fuller Excerpts
Wednesday 9th December 2020

(3 years, 4 months ago)

Westminster Hall
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Richard Fuller Portrait Richard Fuller (North East Bedfordshire) (Con)
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I thank the hon. Member for Twickenham (Munira Wilson) for securing the debate.

It is true that where the Government schemes have worked, they have worked well. It is also true that Government schemes are not an entitlement, but a use of very scarce taxpayers’ money. If we are honest with ourselves, many of those 3 million people are probably not high on the list of those who are in greatest need, because they earn a lot of money, or because a large proportion of their income comes from other areas. Notwithstanding, some specific areas need focus.

It is depressing that too often the Treasury looks like a wholly owned subsidiary of Her Majesty’s Revenue and Customs, rather than having a broader view of the economy as a whole. I want to focus on company directors, because that group, as other hon. Members have said, has the grit and determination that will be so crucial to our recovery.

Becoming a company director is often a moment of pride. It says, “I’m going to do something. I am going to make something happen.” It is a tangible moment that defines why someone is going to contribute to society. As the hon. Member for Twickenham has said, as we emerge from the recession, these are the risk-takers whom the Government need to support.

My hon. Friend the Minister needs to find a standard reporting event. He needs to ensure that people can demonstrate a negative impact on their business and can confirm they have not received any benefit from Government under any existing schemes. Within those three parameters, it should be within the wit of man or woman—certainly within the wit of the Treasury—to find something, perhaps along the lines of the forgivable loan suggestion of Professor Francis Green of Edinburgh University, or the directors income support scheme supported by others.

This is a group on whom we will rely. I urge the Minister to ensure we do all we can to see if there are ways to support them with the scarce taxpayers’ funds available.