Self-employed Persons: Financial Support Debate
Full Debate: Read Full DebateSteve Brine
Main Page: Steve Brine (Conservative - Winchester)Department Debates - View all Steve Brine's debates with the HM Treasury
(4 years, 5 months ago)
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I agree with the first part of that. The right hon. Gentleman is absolutely right about the vast majority of these people. I have made that point repeatedly. I referred earlier to the fact that the target population has different elements, but the vast majority of those who are self-employed face enormous challenges. We absolutely hear that, and I accept that. On his second point, we have taken a number of measures, but we recognise that more is needed. That is why my right hon. Friend the Chancellor is meeting leaders on this issue today to look at what further measures we can bring forward.
May I say that I do understand that this is difficult? If it were easy, the Chancellor would have announced it last Friday with the rest of the package. The self-employed people I represent just want a sign; they just want some hope and an indication. I think they have had that today from the Chief Secretary and the Chancellor, but may I make a suggestion? For self-employed people and all other people right now, if they cannot get the same in, they have to send less out. The Government worked magic last week with the mortgage companies, which seem to be falling over themselves to offer mortgage holidays, but all the other fixed costs that our constituents face—utilities; insurance premiums; car finance; council tax bills, which landed on the doorstep last week; and even, for some, a business improvement district levy due next week—are still there. I wonder whether there is something the Minister can take back to the Treasury, perhaps with help from the shadow Chancellor, on those sorts of fixed costs, because they are dragging people down at a time when they have a lot less coming in.
My hon. Friend is right that there is a range of costs. As I say, we are looking as part of our support at what action can be taken. He can see, as an illustration of that, the action that has been taken on mortgages and in support of renters—both for mortgage holders directly and in terms of the buy-to-let market. Measures have been taken, but we stand ready to look at further measures.