Areas with Additional Public Health Restrictions: Economic Support Debate
Full Debate: Read Full DebateStephen Hammond
Main Page: Stephen Hammond (Conservative - Wimbledon)Department Debates - View all Stephen Hammond's debates with the HM Treasury
(3 years, 10 months ago)
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This is one of those sectors that has been hit hard both emotionally and economically. One can see the human distress and the impact of the virus in such cases, at what is a pivotal moment in people’s lives, and also the economic distress. It is certainly not the case that this is about the Government letting businesses fail in that regard. The consequences of the pandemic hit particular sectors more acutely than others. We have put in place, as I said earlier, a comprehensive package of support, but it is also the case that not every single job will be protected. Where that is the case, we need to work with people to ensure that we are able to support them back into the labour market.
I listened very carefully to my right hon. Friend’s response to the question of my hon. Friend the Member for Harrow East (Bob Blackman) about restrictions in London. I have heard from a lot of small and medium-sized enterprises in Wimbledon that the business rate support grant—the relief that the Government made available—was the lifeline that has kept them going. If there are further restrictions to be imposed, may I ask him to look again at that as the way to help SMEs, a vital part of our economy, to keep going?
My hon. Friend speaks with great authority when it comes to the business community. I know that he engages extensively with it and understands the issues closely. I am very happy to relay the issue that he raises to my right hon Friend the Secretary of State. As I have said on a number of occasions, we have put in place a comprehensive package of support. It will not address every job, and the Chancellor has been honest with the public in that regard, but it is right that we keep the situation under review. I will take my hon. Friend’s representations on that issue.