Coronavirus: Supporting Businesses and Individuals — House of Commons, 2021-02-23
Topic: Macroeconomics
David Anthony Evennett (Conservative, Centre-right): I begin by welcoming the road map set out by my right hon. Friend the Prime Minister yesterday. It will unlock our economy. I believe this plan is a measured, sensible and constructive approach. It is good to know that the British Chambers of Commerce, the CBI, the Federation of Small Businesses and businesses across the country have all acknowledged that it provides much needed clarity going forward. The road map offers hope to the nation that there is finally light at the end of the tunnel. I believe that businesses will acknowledge the progress on easing restrictions and I welcome the speech today from my hon. Friend the Minister for Small Business, who I know speaks regularly to small and medium-sized enterprises. This is a pro-business Government and we are listening to their views I also congratulate my right hon. Friend the Chancellor of the Exchequer on all his work and the measures that he has put in place over the last year to help individuals and businesses and to maintain jobs. The Government’s main focus over the year has been to control and defeat the virus and implement the necessary measures to keep people safe, protect our NHS and assist individuals and businesses to survive financially at this time, with one of the most generous and effective support packages in the world, amounting to £280 billion. It is very disappointing that the Opposition do not acknowledge that. The furlough scheme is being used by 1.2 million businesses and has saved almost 10 million jobs, at a cost of £46.4 billion. The Government have also provided £13 billion to support more than 2.6 million self-employed people so far, which is, again, one of the most comprehensive and generous support packages anywhere in the world I know from communications with businesses in my area that the Government’s support is much appreciated, particularly the coronavirus grant funding. It has been vital in keeping businesses from going under, especially when they have not been operational. In my constituency, in the main town of Bexleyheath, we are fortunate to have a fantastic business improvement district organisation headed by Carol Linyard, who does a great job with local businesses. Bexley council, too, has been proactive in supporting businesses, allocating funds from the additional restrictions grant provided from central Government. Of course, the hospitality industry remains suffering. I speak regularly with its members, including Pete Marshall, who is a local constituent, businessman and publican. He is grateful for the support that he has had from the Government, but feels more needs to be done In conclusion, obviously we can now look to the future and begin to get the economy moving again. As the Prime Minister has said, we are all looking forward to the summer when we can enjoy hospitality, tourism, pubs and social opportunities, of which there are so many across my borough of Bexley. There are so many places to visit, places of entertainment, restaurants, pubs and historical sites that are all waiting for the lockdown to end. I look forward to the Chancellor of the Exchequer’s Budget next month, and I hope he will continue to give businesses the support they need until lockdown is over. Then it will be up to all of us to support, promote and encourage our local businesses so that they can thrive once again.