Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has has made of the potential merits of establishing a Government-backed scheme to support consumers and wedding business in the absence of available insurance cover.

This question was answered on 22nd February 2021
The Government recognises the essential role of the insurance industry in providing the cover businesses need to operate. We are working closely with the insurers, the trade bodies and regulators to understand what more the industry can do to help individuals and businesses in their time of need, and how the insurance market delivers the support firms need as the economy reopens.

Over the course of the pandemic the Government has worked closely with the weddings sector to understand the impact of COVID-19 on their businesses and has responded with a substantial package of business support, which we keep under regular review.