The Economy

Emphasised the seriousness of the economic situation due to coronavirus and outlined measures such as increased funding for NHS, job retention schemes, self-employed income support, business rate relief, cash grants, VAT deferral, and loans to support businesses. He highlighted that interventions have saved millions of jobs but acknowledged not all can be protected.

The Chancellor responded by detailing plans to launch bounce-back loans from next Monday, addressing criticisms about the comparison with Switzerland's economic support measures, and emphasised the comprehensive nature of UK fiscal interventions. He also mentioned significant investments into tax credits, universal credit, and other welfare schemes to support vulnerable populations.

Asked for a roadmap from the Government on how businesses can prepare for a phased modification of lockdown measures, highlighting the need to mitigate further economic damage as the full lockdown continues.

Responds to Alison Thewliss's points. Acknowledges measures for the most vulnerable including strengthening universal credit and tax cuts. Describes the bounce-back loan scheme which will not ask for forward-looking information from companies but rather self-certification and identity checks by banks. Indicates that about 20,000 new overdrafts have been extended with 60,000 capital repayment holidays. Highlights strong guidance set out in a letter by the FCA urging insurance companies to behave responsibly.

Congratulates the Chancellor on the bounce-back loans scheme which she believes will make a huge difference to small businesses. Asks for reassurance that when restrictions can be lifted, employers and entrepreneurs will be given some notice and clear guidelines to restart their supply chains with confidence.

Welcomes the micro-loans scheme but asks for more help for self-employed people who are not in the scheme, such as cleaners, builders, taxi drivers, and musicians. Suggests protecting the taxpayer from fraud while helping these individuals.

Welcomes help for self-employed but highlights those who have been left out due to earning over £50,000 or being company directors not earning the majority of their income by this route. Asks if Chancellor is still open to new ideas.

Welcomes the Chancellor's announcement but argues that we have been too slow and deliberative compared to countries like France and Germany which have lent more than the UK.

Asks for common-sense opportunities such as allowing open-air markets to trade similarly to supermarkets. Also asks for changes to the furlough scheme to accommodate a gradual return to work.

Welcomes Chancellor’s micro-loans scheme but criticises the complexity of the CBILS loans, calling for simplification to ensure more of the £330 billion potential loans reach businesses.

Acknowledges need for simpler loan processes, cites improvements made, mentions over 20,000 CBILS loans issued and high acceptance rates. Emphasises plans to simplify further in future.

Compliments the Chancellor on his policies, urges him to take early opportunities to open up the economy safely while ensuring he knows how to unwind interventions for sustainable prosperity.

Calls for conversations with companies that have avoided taxes in past years but now rely on government support, advocating a 'business as better' approach post-recovery.

Congratulates the Chancellor on bounce-back loans and other measures, requests review of package to help transition out of lockdown successfully without increasing redundancies.

Questions why the Holyhead-Dublin ferry route was ignored in Government support announcements despite its economic importance for Northern Ireland, Great Britain and North Wales.

Thanks Chancellor for quick response to aid constituents, suggests ending the fair fuel stabiliser and implementing a windfall tax on hedge fund managers as economy recovers.

Requests extension of small business support scheme and increase in underwriting cover for loan schemes to better serve businesses without premises, especially those in the hospitality sector.

Congratulates Chancellor on scale and speed of packages, emphasises importance of cash and liquidity for businesses and individuals during recovery period.

Questions about furlough scheme payments for workers relying on commissions, requests confirmation that a solution will give those workers access to 80% of their typical earnings.

Thanks Chancellor for job retention scheme and requests review of payroll run process to ensure new starters who are laid off can still benefit from the furlough scheme.

Announced the expansion of the job retention scheme to cover more people, highlighting that around 30 million individuals can benefit from it. Emphasised the importance of supporting workers attached to their jobs through interventions such as business rates holidays, bounce-back loans, and grants for specific sectors.

Expressed concern about pubs and restaurants facing difficulties due to restrictions. Called on the Government to extend the retail, hospitality and leisure grant fund to properties with a rateable value up to £150,000, instruct pubcos to stop charging rent, and extend the furlough scheme for affected businesses.

Praised the economic package introduced by the Chancellor as historic in scope, providing an absolute lifeline to people and businesses. Encouraged larger businesses not needing support to take it up for the national interest.

Expressed scepticism about a V-shaped economic recovery and proposed that some form of future economic stimulus may be needed to restart the economy after lifting restrictions.

Asked for further assistance for tourism and leisure businesses, which were denied by their banks. Highlighted the need for more financial support beyond £50,000 from the bounce-back scheme.

Brought up the issue of pub tenancies taken on between the last eligible date and lockdown, arguing that these businesses should be provided assistance despite being in a difficult situation due to timing.

Asked about additional funding provided to Scotland through the Barnett consequentials as part of the Chancellor's announcement. Highlighted the importance of supporting all parts of the Union during challenging times.

Critiqued austerity policies and suggested avoiding a repeat after the crisis, while also questioning the Chancellor's approach to monetary financing for fiscal spend.

Asked about further support for the tourism and hospitality sector as they are among those hardest hit during lockdown. Emphasised the importance of considering seasonal factors affecting these businesses.

Cited research indicating that ex-industrial towns, including Worsbrough in her constituency, are among those most economically at risk from the crisis. Asked for specific plans to help such areas cope and recover.

Asked about measures to balance economic stimulation with public health concerns in coastal communities, highlighting the potential impact of a second wave on tourism-dependent economies like Llandudno.

Emphasised the need to ensure free trade while maintaining security of supply for essential goods, responded to concerns about protectionism, and detailed measures to support agriculture and small businesses.

Expressed agreement on the economic impact of covid-19 and questioned the Chancellor about resistance to general protectionist moves in trade.

Welcomed the statement and asked for additional support measures to assist agricultural businesses, particularly in light of disrupted non-domestic sales and halted diversification schemes.

Asked about the availability of funding through the coronavirus business interruption loan scheme for show families who have purchased rides and equipment on asset finance.

Thanked the Chancellor for his efforts, welcomed changes to the micro loan scheme, including removal of forward viability test, and requested further simplification in the main scheme.

Suggested a universal basic income as an alternative to current support schemes for small businesses and self-employed individuals who are falling through gaps.