Wholesale Trade: Coronavirus

(asked on 18th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps he is taking to support wholesale distributors in response to the covid-19 lockdown announced in January 2021.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 26th January 2021

Throughout the Covid-19 crisis, the Government has protected people’s jobs and livelihoods while also supporting businesses and public services across the UK. Food and drink wholesalers have been eligible for a number of economic support schemes, including:

  • The Coronavirus Job Retention Scheme, which has been extended until the end of April 2021 for all parts of the UK;
  • The opportunity to defer VAT payments due between 20 March and 30 June 2020; and
  • The Bounce Back Loan Scheme for small businesses to borrow between £2,000 and £50,000, with no interest payments or fees for the first 12 months.
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