Manufacturing Industries: Coronavirus

(asked on 4th November 2020) - View Source

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

To ask Her Majesty's Government what discussions they have had with manufacturers about the impact of COVID-19 on jobs.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 18th November 2020

Manufacturing is a critical part of our economy,?and?the Department?continues to regularly engage with industry, suppliers, and trade associations to ensure that we can support our?manufacturing sectors?during and after the Covid-19 crisis. We have made £2 billion in Government-backed finance available to manufacturers through the Coronavirus Business Interruption Loan Scheme and £2.3 billion through the Bounce Back Loan Scheme to help firms keep operating. We have also provided support totalling £4.78 billion through the Coronavirus Job Retention Scheme, which has been extended to March 2021 to protect people’s wages and manufacturing jobs across the UK.

The Government is also continuing to support growth in the sector through investments into: Made Smarter, to help manufacturers reap the benefits of industrial digital technology; the High Value Manufacturing Catapult network, to support manufacturers in commercialising innovation, and; innovation programmes such as the Automotive Transformation Fund to ensure the UK can unlock future markets and lead future industries. Through our Lifetime Skills Guarantee we are also making it easier for people to retrain for jobs of the future.

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