Covid-19: Small Businesses

Baroness Verma Excerpts
Thursday 29th October 2020

(3 years, 6 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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The noble Baroness makes an important point, but we have paid out more than £11 billion to more than 900,000 small businesses, and some small businesses that are ineligible for the SEISS grant extension may still be eligible for other elements of the scheme.

Baroness Verma Portrait Baroness Verma (Con)
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My Lords, will my noble friend look at councils that rent their properties out to small businesses, so that those businesses do not receive demands to pay their rent at this very difficult time? Leicester has been in a second lockdown since June, and small businesses are struggling. Will my noble friend also look at not re-adding VAT to PPE? I refer noble Lords to my interests as set out in the register.

Lord Callanan Portrait Lord Callanan (Con)
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My noble friend makes an important point, and I hope that councils, in particular, being part of the public sector, will be sympathetic to the plight of many small businesses at this time. I am sure that my noble friend will understand, however, that I cannot predict what the Chancellor might have to say, on VAT or any other matters, in his future Budgets.