Lockdown: Economic Support Debate

Full Debate: Read Full Debate
Department: HM Treasury

Lockdown: Economic Support

Stephen Hammond Excerpts
Tuesday 3rd November 2020

(3 years, 8 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts

Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

Each Urgent Question requires a Government Minister to give a response on the debate topic.

This information is provided by Parallel Parliament and does not comprise part of the offical record

Steve Barclay Portrait Steve Barclay
- Hansard - - - Excerpts

The hon. Lady is conflating several different issues. First, the furlough had not expired; it was running until the end of October. It applied universally until that point, so the suggestion of it being applied differently is simply not the case. Secondly, the purpose and the design of the job support scheme is different from the furlough. The furlough is a response to the need for people to stay at home. The job support scheme is intended to try to encourage them back. That is why the design is for at least 20% of hours—one day in the office. Thirdly, as my right hon. Friend the Chancellor has set out on a number of occasions, the two-thirds support is dynamic in its interaction with the wider support through the £9 billion of additional welfare spending. One needs to look at the fact that there are two different purposes behind these two schemes, but the fundamental point is that there is no gap between the furlough that was due to expire on 30 October and the new furlough extension.

Stephen Hammond Portrait Stephen Hammond (Wimbledon) (Con)
- Hansard - -

I thank my right hon. Friend and the team for the package of support, which will save jobs and livelihoods across Wimbledon. He will know that since March, I have been raising the plight of people who are excluded from the scheme because they have been forced to close their businesses, so I support a number of the comments made about the self-employed. May I raise yet again with him industries such as events, exhibitions and hospitality supply, which are all excluded from the business rates scheme and the business grants scheme? They need that support if we are to have those vibrant contributors to the economy in the future.

Steve Barclay Portrait Steve Barclay
- Hansard - - - Excerpts

I am aware of the concerns that my hon. Friend has raised. I point him to the fact that, to date, the Treasury has spent more than £200 billion as part of our comprehensive package of support. We have applied a universal approach in terms of the furlough, loans, business grants and so forth, but I am happy to have further discussions with him in the weeks ahead.