Commons Sense

House of Commons · Ministers' Questions

Covid-19: Support for Businesses

Wednesday 7 October 2020 · 2 questions

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 2 Partly answered 0 Not answered 0

Key points

  • Stephen Crabb inquired about discussions with the Chancellor on economic support for Scottish businesses affected by the COVID-19 outbreak.
  • The minister confirmed that over 65,000 Scottish businesses have received more than 2.3 billion in support through Government loan schemes.
  • The minister stated that Scottish businesses are well-positioned for the UK's economic recovery, with additional per capita support of around 1,200 for each person in Scotland.

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Questions & Answers

Q1 Stephen Crabb Con
Economy Scotland
Context

The MP inquired about discussions on the economic impact of the coronavirus pandemic and support measures available to Scottish businesses.

Question

What discussions has he had with the Chancellor regarding the economic support available to businesses in Scotland due to the ongoing COVID-19 outbreak?

Answer from Iain Stewart

The minister confirms regular discussions with his colleagues, including the Chancellor. Over 65,000 businesses in Scotland have received more than £2.3 billion of support through Government-supported loan schemes to address the economic impact of coronavirus.

Answered
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Q2 Stephen Crabb Con
Economy Scotland
Context

The MP noted that productivity rates in Scotland are among the highest in the UK and asked if the extra £6.5 billion given to the Scottish Government would help businesses lead a UK-wide recovery.

Question

Given that productivity rates in Scotland are some of the best, does he agree that the support measures plus the additional £6.5 billion will position Scottish business well for leading the UK's economic recovery?

Answer from Iain Stewart

The minister agrees that Scottish business is well-positioned for leading a UK-wide recovery, noting additional per capita support of around £1,200 for each person in Scotland. Innovative schemes from companies are being supported through the city and regional growth deal package.

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