Asked by: Nick Fletcher (Conservative - Don Valley)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to paragraph 1.101 of the 2020 Budget Red Book, if he will publish details of the process by which small businesses will be able access the £3,000 cash grant.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The Chancellor announced on 17 March that this grant will be increased to £10,000 for all businesses in receipt of Small Business Rate Relief, or Rural Rate Relief. In addition, retail businesses with a rateable value of between £15,000 and £51,000 will receive a cash grant of £25,000.
The Department for Business, Energy and Industrial Strategy (BEIS) will write to Local Authorities this week to outline these schemes and will provide detailed guidance as soon as possible. Eligible businesses will be contacted by Local Authorities shortly afterwards to provide details on how to claim this money.
Asked by: Nick Fletcher (Conservative - Don Valley)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of establishing Doncaster Sheffield Airport as a freeport.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The Government is committed to running a fair, transparent and robust allocation process to select up to 10 freeports across the UK.
The Government is currently consulting publicly on freeports policy; the finalised policy and a bidding process will be announced in due course after the consultation has concluded.