Oral Answers to Questions

Debate between Jesse Norman and Simon Baynes

Thursday 20th April 2023 Commons Chamber

[Jesse Norman]

How extremely kind of the hon. Lady to extend that very interesting invitation. I would accept in a flash except that I do not want to usurp the prerogative of my colleague in the House of Lords, so maybe I can pick up with her. I am very interested to hear what the hon. Lady said and very grateful for the update. I will ask my officials to look closely at that.

[Simon Baynes (Clwyd South) (Con)]

3. What assessment he has made with Cabinet colleagues of the adequacy of the funding for repairing potholes announced in the spring Budget 2023.

Oral Answers to Questions

Debate between Jesse Norman and Simon Baynes

Tuesday 1st December 2020 Commons Chamber

[Jesse Norman]

I should make it perfectly clear to my hon. Friend, as the Chancellor has, that we take these points extremely seriously. We have been given many different suggestions over the past few months for ways in which we could accommodate these concerns. We have looked at them very closely, and so far we have struggled to find one that meets the need to avoid the fraud risk that bedevils this concern. I responded last week to the latest request to meet from the Federation of Small Businesses, the Association of Chartered Certified Accountants and Forgotten Ltd to explore the latest of these schemes. I have also said that I would be happy to meet the all-party parliamentary group, alongside ExcludedUK, to address these questions.

[Simon Baynes]

When will the recently announced increase in the coronavirus business interruption loan scheme term from six to 10 years come into effect? That is of particular importance to businesses that have been hard hit by the crisis, such as the wedding venue and hospitality sectors in Clwyd South and elsewhere in the UK.

[Jesse Norman]

We of course recognise the concerns that my hon. Friend raises. We should be clear that the purpose of this extension is not simply to allow borrowers to request a 10-year term. It is that the guarantee offered by the Government on these schemes should be extended up to 10 years where lenders deem that a forbearance tool that borrowers may need and benefit from. My colleagues are working at pace with the British Business Bank to implement the policy in line with state aid rules.

Oral Answers to Questions

Debate between Jesse Norman and Simon Baynes

Tuesday 24th March 2020 Commons Chamber

[The Financial Secretary to the Treasury (Jesse Norman)]

I am very grateful to the hon. Lady for the suggestion, and we will certainly look closely at the Child Poverty Action Group’s recommendation.

[Simon Baynes (Clwyd South) (Con)]

T4. On behalf of my constituents in Clwyd South, may I commend the Treasury team for its hard and speedy work over the past couple of weeks? Will my right hon. Friend confirm that this Government will stand behind businesses, small and large, in Clwyd South and elsewhere in Wales and the UK as the crisis progresses?