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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 Danny Kruger Danny Kruger Conservative, Devizes 7:17 pm, 17th March 2020

Many businesses depend on not the public or other businesses, but the state itself, through contracts with different parts of the public sector. Many such contracts are on a payment-by-results basis, so they are paid according to outcomes that might no longer be possible, given the situation. Will the Chancellor work with other parts of Government to ensure that the state’s contracts, particularly with social enterprises, charities and social businesses, can be flexed to ensure that those important businesses stay afloat?