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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 Stephen Timms Stephen Timms Chair, Work and Pensions Committee, Chair, Work and Pensions Committee 7:17 pm, 17th March 2020

For somebody who is self-employed, self-isolation will often mean giving up their income. The advice is to claim benefit, but all someone gets with universal credit in the first five weeks, as has been pointed out, is a loan. People are not going to give up their incomes for that. Will the Chancellor replace those advances with non-repayable grants for those who lose their income because of this crisis?