Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate his Department the number of (a) people and (b) businesses not eligible for any of the Government's financial support packages during the covid-19 outbreak.

The Government has provided a comprehensive economic response that is one of the most generous globally, taking unprecedented steps to support families, businesses and the most vulnerable. As well as the Coronavirus Job Retention Scheme (CJRS) and Self-Employment Income Support Scheme (SEISS), this package includes a suite of government-backed loans and grants to businesses, tax deferrals, rental support and mortgage and consumer credit holidays.

This comprehensive package also includes extra funding for the welfare safety net, to get us through the outbreak and help those unable to access other forms of support. The temporary welfare measures include increases to Universal Credit and Local Housing Allowance, a relaxation of the Universal Credit minimum income floor and making Statutory Sick Pay easier to access. We have also announced above £300bn of guaranteed loans for supporting businesses to access finance through The Coronavirus Business Interruption Loan Scheme, and the Coronavirus Corporate Financing Facility and the Coronavirus Large Business Interruption Loan Scheme (CLBILS). On 27 April, we also announced the new Bounce Back Loans Scheme, which will ensure that the smallest businesses can access up to £50,000 loans in a matter of just days

Now, as outlined in the Summer Economic Update, our Plan for Jobs will support, protect and create jobs. This plan will make available up to £30 billion to help kickstart the nation’s economic recovery ahead of a fuller package of medium-term recovery measures in the upcoming Autumn Budget and Spending Review.