Oral Answers to Questions

Tom Hunt Excerpts

Tuesday 10th November 2020 Commons Chamber

[Dr Ben Spencer (Runnymede and Weybridge) (Con)]

What steps his Department is taking to support businesses during the covid-19 outbreak.

[Tom Hunt (Ipswich) (Con)]

What steps his Department is taking to support businesses during the covid-19 outbreak.

[The Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy (Nadhim Zahawi)]

My Department continues to deliver a wide range of measures to support UK business. We have extended our loan schemes across the board, which have already delivered over £62 billion of finance, until the end of January, and the new local authority grants will also offer further support to businesses affected by the national restrictions.

--- Later in debate ---

[Nadhim Zahawi]

I am grateful for my hon. Friend’s question. The current restrictions will expire on 2 December. After those restrictions have expired, we intend to return to the tiered system, as I just mentioned on an earlier question. Of course, we have to make sure that businesses have that clarity, hence why the Chancellor extended the furlough scheme all the way to the end of March for businesses. The British Chambers of Commerce made it very clear to me a few days ago in a phone call that that was incredibly important help at the right time.

[Tom Hunt]

The Arcade Tavern is one of the most popular pubs in Ipswich. It has insurance against income loss because of notifiable diseases, but its insurers, New India, is refusing to pay out, blaming the Government for the loss of income. This has left the business fighting this pandemic and for the money that it is entitled to. Will my hon. Friend assure me that the Government will look unfavourably on insurers that do not honour their contracts and that this is not the case of the little man being stitched up? I have the letter right here, so I am happy to share it with him after this.

[Nadhim Zahawi]

I will happily look at the letter, and it sounds incredibly concerning that any insurer would act in this way. Pubs, of course, are a valuable part of many local communities across the country. We are in continual dialogue with the insurance sector regarding its response to this unprecedented situation. I will happily look at the letter and the details of my hon. Friend’s case.