Economic Update Debate

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Department: HM Treasury

Economic Update

Caroline Lucas Excerpts
Monday 11th January 2021

(3 years, 3 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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The change in the date from the original spring date to October will bring an additional 3 million people into the scope of benefiting from the furlough scheme, and I know that is something my hon. Friend will welcome. With regard to additional support, he will know our comprehensive plan, whether it is discounted or Government-backed loans, tax cuts, tax deferrals, VAT deferrals, business grants, business rates holidays or discretionary funding from local councils. All of that is available depending on a business’s circumstances, and I would urge his businesses to look online and see what they might be eligible for.

Caroline Lucas Portrait Caroline Lucas (Brighton, Pavilion) (Green) [V]
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The Chancellor said earlier that there is “unity of purpose” across this House. One area where it is clear there is unity with everybody except for him is that more support is needed for the excluded. It frankly beggars belief that he has yet again come to this House with nothing to announce for them, so I urge him to urgently look at the directors income support scheme for directors of small limited companies, which has been on his desk since November. There are also the recently self-employed still left out in the cold, and freelancers, those who combine PAYE and self-employment, and women who have taken time out because of pregnancy all still utterly abandoned. I want to know how he has the gall to continue pretending that he is doing enough for my constituents and the millions like them who are still left in poverty and despair.

Rishi Sunak Portrait Rishi Sunak
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With regard to our support for the self-employed, it is worth noting—not that you would know it from what the hon. Lady said— that almost 3 million people have benefited to the tune of around £20 billion. I do believe that that is comprehensive. It is certainly more comprehensive and generous support than has been provided by almost any other country I can find. Of course, we always look at other suggestions we receive, and I will continue to do that.