Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps he is taking to support Directors of small businesses during the covid-19 outbreak; and if will he introduce financial support measures for those Directors.
The Government has announced unprecedented support for business and workers to protect them against the current economic emergency including almost £300 billion of guarantees – equivalent to 15% of UK GDP. The directors of small businesses, and other self-employed individuals, may benefit from a range of support measures including:
The Business Support website provides further information about how businesses can access the support that has been made available, who is eligible, when the schemes open and how to apply - https://www.businesssupport.gov.uk/coronavirus-business-support. And details of the range of support for individuals affected by COVID-19 is available at: https://www.gov.uk/government/publications/support-for-those-affected-by-covid-19/support-for-those-affected-by-covid-19.