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Covid-19: Support for Businesses

Part of Treasury – in the House of Commons on 24th March 2020.

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Photo of Wes Streeting Wes Streeting Labour, Ilford North

On behalf of my constituents who will benefit from the measures that the Chancellor announced last week, may I sincerely thank him for the action that he has taken and for the responsibility that he is carrying? We are all rooting for him to succeed in the task ahead. The challenge, as others have described, is that for those who do not benefit, in particular the 5 million self-employed, the anxiety has increased, because they have seen a ship sailing carrying others but not them. I think they will be reassured that the Chancellor has given a clear commitment to do something, but many are facing a cash-flow crisis right now, so can he say a bit more to reassure them about how quickly he can implement the measures that he is considering?