Covid-19: Business

Sarah Olney Excerpts
Tuesday 12th May 2020

(4 years, 6 months ago)

Commons Chamber
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Nigel Evans Portrait Mr Deputy Speaker
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I am sorry, Patricia, but we did have real audio and video problems there.

Sarah Olney Portrait Sarah Olney (Richmond Park) (LD) [V]
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Many businesses in my constituency offering health services, such as dentists and physiotherapists, have been excluded from other forms of Government support yet are offering absolutely vital services that we will need when the shut- down ends. Does the Minister have any specific guidance for businesses such as these?

Lord Sharma Portrait Alok Sharma
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I would not say that businesses have been excluded. Indeed, if we look at the range of what is available in terms of loan schemes it covers the smallest businesses right to the very largest. We are seeing significant take-up particularly of the Bounce Back loan scheme. I made an announcement about the top-up to the local business grant fund scheme that we already have—almost £9 billion has gone out. This is a discretionary fund that is being set up to support businesses as well.