Government Assistance: Coronavirus

(asked on 8th June 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what plans he has to provide further support to sectors that recover slowly from the covid-19 pandemic.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 14th June 2021

Throughout the pandemic, the government has sought to protect people’s jobs and livelihoods while also supporting businesses and public services across the UK. To do this, the government has put in place an economic package of support which will provide businesses and individuals with certainty over the coming months, even as measures to prevent further spread of the virus change. The cumulative cost to the Government of this support since the start of the pandemic £352 billion.

Schemes such as the CJRS and SEISS, support for businesses through grants and loans, business rates and VAT relief are continuing beyond the end of the Roadmap. CJRS and SEISS have been extended until the end of September 2021, business rates and VAT relief to the end of the financial year, and Recovery Loans until the end of December 2021.

Thanks to the people’s hard work and sacrifice, supported by the success of the initial stages of the vaccine rollout, there is now a path to reopening the economy. We will continue to take a flexible but cautious approach as we review restrictions, ensuring support reflects the easing of restrictions to enable the economy to bounce back as quickly as possible.

Reticulating Splines