Kemi Badenoch
Main Page: Kemi Badenoch (Conservative - Saffron Walden)Department Debates - View all Kemi Badenoch's debates with the HM Treasury
(3 years, 9 months ago)
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Martin Vickers (Cleethorpes) (Con)
The Exchequer Secretary to the Treasury (Kemi Badenoch)
We recognise every region and community is impacted by this crisis. That is why the Government have announced unprecedented support for businesses and workers around the country. That includes 95 million to fund shovel-ready projects across the east midlands to help to provide a boost to the local economy and create jobs, building on over £120 million of local growth funding for Greater Lincolnshire for local projects such as Lincolnshire Lakes housing scheme.
Martin Vickers
I thank the Minister for that. The Treasury is giving considerable support to our area, such as through the Greater Grimsby town deal. We are hoping for favourable designation for freeport status, but the most pressing case at the moment is support for the Able marine energy park in northern Lincolnshire. Modest support from the Treasury could help to create 2,000 jobs. Will the Minister, or indeed the Chancellor, agree to meet me and my hon. Friends the Members for Great Grimsby (Lia Nici), for Brigg and Goole (Andrew Percy) and for Scunthorpe (Holly Mumby-Croft) to deal with this?
Kemi Badenoch
My hon. Friend rightly champions the strength of his local area as we move to restart the economy and make progress to achieve net zero carbon emissions by 2050. Our renewable energy ambitions will continue to create opportunities at manufacturing centres, such as the Able marine energy park proposal, but I encourage him first to engage with my colleagues from the Department for Business, Energy and Industrial Strategy, as the lead Department on energy and industrial strategy.
Scott Benton (Blackpool South) (Con)
Clive Lewis (Norwich South) (Lab)
The Exchequer Secretary to the Treasury (Kemi Badenoch)
The Prime Minister recently set out the first steps of the Government’s strategy to rebuild and fuel economic recovery in response to covid-19. The Government believe the best way to secure a recovery is to invest across the UK to level up, while ensuring that we create the conditions for private enterprise to flourish.
Clive Lewis [V]
The Chancellor will have received a letter signed by Members from across the House, including myself, asking him to consider introducing a four-day working week as a way of helping the country recover and creating a better future post-covid-19. So will he commit to the Treasury exploring a four-day working week as part of its economic planning for the recovery? Will he also meet me and other Members to discuss how we can work together to make shorter working times a reality?
Kemi Badenoch
The Government believe that the best way of dealing with these issues is for workers to look at existing options available for flexible working and discuss them directly with their employers, rather than the Government legislating for the entire UK work- force. However, I am happy to meet the hon. Gentleman to discuss this topic further, if he would like.
Robbie Moore (Keighley) (Con)
Jo Gideon (Stoke-on-Trent Central) (Con)
The Exchequer Secretary to the Treasury (Kemi Badenoch)
Alongside unprecedented support for individuals and businesses in the light of the covid-19 outbreak, the Government have announced a £750 million support package for charities, £360 million of which will be allocated directly to charities providing essential services and £200 million will go to local charities through the National Lottery Community Fund.
Kemi Badenoch
My hon. Friend is right to highlight the extraordinary innovations of charities in Stoke-on-Trent and across the country. We have seen innovation and adaptation right across the economy, made possible in part by the unprecedented level of support that we have been referring to during this session. As of the end of last week, £230 million had been disbursed from the Government’s charity support fund.
Stephen Doughty (Cardiff South and Penarth) (Lab/Co-op)
The Exchequer Secretary to the Treasury (Kemi Badenoch)
The Treasury is working extensively with employers, taskforces and industry groups to understand the long-term effects of covid-19 across all key areas of the economy, including the artistic, creative, tourism and hospitality sectors. We will continue to monitor the impact of Government support on the economy.
Damian Collins [V]
While hotels, hospitality businesses and holiday parks are reopening in my constituency, many businesses fear that this will be a year of three winters. What support are the Government considering beyond what has been delivered so far? In particular, would the Treasury consider the tourism and hospitality sector’s request to cut VAT to 5% for those businesses?
Kemi Badenoch
As ever, all taxes are kept under review, and changes are announced at fiscal events. My hon. Friend will be pleased to know that admissions to cultural venues, for example, are already exempt from VAT if they are provided by a local authority or an eligible body, such as a charity. We will continue to review the situation.
Stephen Doughty
Like many other Members, I met this morning with ExcludedUK and people such as freelancers, many of whom are in the creative industries, who have fallen between the gaps of the different Government schemes. The package that has been announced for the creative industries is welcome, but what will the Government do to support the many thousands of people in those industries, including in Cardiff South and Penarth, who have fallen between the gaps?
Kemi Badenoch
The UK continues to have one of the world’s most generous coronavirus support schemes, including for many self-employed people such as those to whom the hon. Gentleman refers. He will know that the Government recently announced a £1.57 billion cultural fund, and such funds are being targeted at the very people he mentions.
Jonathan Gullis (Stoke-on-Trent North) (Con)