Manufacturing Industries: Coronavirus

(asked on 5th May 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps the Government is taking to support the manufacturing sector during the covid-19 outbreak.


Answered by
Nadhim Zahawi Portrait
Nadhim Zahawi
Secretary of State for Education
This question was answered on 15th May 2020

Manufacturing is a critical part of our economy and the Government is engaging with industry to ensure that we can support our manufacturing sectors during and after the Covid-19 pandemic.

Many businesses across the aerospace, chemical, automotive, steel, aluminium, pharmaceutical, packaging, and other sectors are playing a direct role in combatting COVID-19. These businesses are producing the materials and equipment necessary, as well as enabling the services that we need to fight the spread of the virus and keep the country running.

We have put in place an unprecedented package of Government support to help with business continuity and to give manufacturers and their suppliers the support they. These measures include:

  • £330 billion worth of Government-backed and guaranteed loans to support businesses across the UK.
  • The Coronavirus Business Interruption Loan Scheme (CBILS) to help small and medium-sized businesses to access vital financial support.
  • Our new Coronavirus Large Business Interruption Loan Scheme (CLBILS) to allow more firms to benefit from Government-backed support.
  • The Bounce Back Loans scheme for small businesses, which complements the CBILS and CLBILS schemes.
  • Deferring VAT payments for firms to the next quarter, until the end of June, which represents a £30 billion injection into the economy.
  • Our Coronavirus Job Retention Scheme, where small and large employers will be eligible to apply for a Government grant of 80% of workers’ salaries up to £2,500 a month. This is backdated to 1 March 2020 and available for at least three months.

This content was generated for your convenience by Parallel Parliament and does not form part of the official record.
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Recent Speeches related to Manufacturing Industries: Coronavirus

1. Oral Answers to Questions
10/11/2020 - Commons Chamber

1: through the self-employment income support scheme, and that support continues. The UK’s self-employment - Speech Link
2: million self-employed people been excluded from government support during the pandemic? What will the Minister - Speech Link
3: surely the only responsible approach is to expand support and adopt a true “whatever it takes” approach - Speech Link

2. Oral Answers to Questions
29/09/2020 - Commons Chamber

1: new approach methodologies requires the support of Government- backed infrastructure, a strategic allocation - Speech Link
2: medicines and treatments are safe. However, the Government are committed to reducing and replacing the use - Speech Link
3: unprecedented support package. That includes £11 billion in grants supporting almost 900,000 business premises - Speech Link

3. Oral Answers to Questions
16/06/2020 - Commons Chamber

1: insolvency framework will result in net benefits to business of over £1.9 billion in today’s prices, which - Speech Link
2: the risk of insolvency, especially those with business models that are dependent on socialising. In addition - Speech Link
3: Does the Secretary of State agree that the sectors hit hardest by covid-19 need long-term support to survive - Speech Link

4. Oral Answers to Questions
15/12/2020 - Commons Chamber

1: Both the Prime Minister’s 10-point plan and our energy White Paper, which we published yesterday, set out - Speech Link
2: hon. Friend do all he can to help HyNet access industrial decarbonisation challenge funding to allow it - Speech Link
3: phase 1 of the industrial decarbonisation challenge, as well as £13 million of support through the Department - Speech Link

5. Oral Answers to Questions
21/07/2020 - Commons Chamber

1: billion of support through a range of schemes to protect jobs and help businesses keep going. We have also - Speech Link
2: Unfortunately, many have still not been able to access support, such as the newly self-employed, limited company - Speech Link

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