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Economic Update

Part of the debate – in the House of Commons at 7:17 pm on 17th March 2020.

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Photo of Rishi Sunak Rishi Sunak The Chancellor of the Exchequer 7:17 pm, 17th March 2020

I can tell my hon. Friend that the grant schemes are being delivered in the coming weeks. Businesses will receive a letter from local authorities. My right hon. Friend the Secretary of State for Housing, Communities and Local Government is doing that work at pace. With regard to the loan schemes, that will not take until April—they will be ready to access for business from the start of next week.