Question to the HM Treasury:

To ask Her Majesty's Government whether (1) HSBC, (2) Standard Charter, (3) Jardine Matheson, or (4) the Swire Group, have benefited from (a) the Coronavirus Job Retention Scheme, (b) the Recovery Loan Scheme, (c) the COVID-19 Corporate Financing Facility provided by the Bank of England, or (d) business rates relief.

For claims since 1 December 2020, HMRC publishes information about employers who claim through the Coronavirus Job Retention Scheme (CJRS) on a monthly basis, on gov.uk.

The Recovery Loan Scheme (RLS) launched on 6 April 2021 and is administered by the British Business Bank via a diverse network of accredited commercial lenders, of which HSBC are one.

None of these firms are or have previously been listed in the Bank of England’s published data on firms with outstanding commercial paper in the COVID-19 Corporate Financing Facility (CCFF). This data is available on the Bank of England’s website.

The Government has also provided business rates relief to eligible properties in the retail, hospitality and leisure sectors, and nurseries. It is for local authorities to determine eligibility for reliefs having regard to guidance issued by the Government. Central government does not hold any information on which businesses are in receipt of relief.