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Coronavirus: Employment Support

Part of the debate – in the House of Commons at 10:30 am on 19th March 2020.

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Photo of Peter Aldous Peter Aldous Conservative, Waveney 10:30 am, 19th March 2020

The feedback I am receiving is that many businesses will have difficulty in accessing Government loans because of restrictions they have in granting additional security to a new lender. With that in mind, may I urge the Government to support payroll costs far more directly, as other European Governments are doing? This is the way to avoid large-scale redundancies.