Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the Answer of 16 November 2020 to Question 91922, what the ambitious conditions on climate change and Net Zero targets are which companies are expected to commit to in order to receive support as a Last Resort Business Intervention.
Companies receiving support need to agree to appropriate conditions, including those relating to tax, supplier payment terms, climate change and corporate governance. Each company will be considered individually and there is no guarantee that support will be provided. As with any agreement, commercial and policy conditions are monitored using a variety of appropriate mechanisms.