Lockdown: Economic Support Debate

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Department: HM Treasury

Lockdown: Economic Support

Andrew Gwynne Excerpts
Tuesday 3rd November 2020

(3 years, 6 months ago)

Commons Chamber
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Steve Barclay Portrait Steve Barclay
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I drew attention earlier to the fact that more than £13 billion had been allocated to the self-employed income support scheme and through the income support grant. That indicates the support that the Treasury has given. The hon. Gentleman draws out, as the Chair of the Treasury Committee did, the specific issues around company directors. I have set out to the House the difficulty of clarifying precisely what is earned income as opposed to dividend income, but it is worth drawing the House’s attention to the fact that more than £13 billion of support has been allocated.

Andrew Gwynne Portrait Andrew Gwynne (Denton and Reddish) (Lab) [V]
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Before lockdown 2, more than 2,000 jobs based at Manchester Airport were reported to be at risk. The Government have provided business rates relief to thousands of retail businesses, including £700 million to the likes of Tesco, which have seen huge increases in profits throughout lockdown. Will the Government now step in to relieve 2020-21 airport business rates, following the introduction of a new travel ban, by funding the difference to local councils?

Steve Barclay Portrait Steve Barclay
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As I mentioned earlier, within the £1.1 billion of support to local authorities, we have given them discretion to respond to local needs, and that includes Greater Manchester as a region. On the airport sector specifically, one reason why we have allocated more than £12 billion to test and trace is that one of the key issues, as I was told by that sector, is the importance of travellers being able to be tested quickly and released sooner than has been the case in recent weeks. We are working extremely hard on that issue, because that is one of the key measures, alongside the financial support to local authorities, that would make a real difference to the airport sector.