I beg to move, That the Bill be now read a Second time.
Covid-19 has had a profound impact across the economy. It required many businesses to shut their doors on
So far, the job retention scheme has supported over 9 million jobs; 2.6 million people have been helped by the self-employment scheme; over 850,000 small businesses have benefited from around £10.5 billion in grants; and over £40 billion of Government-backed loans have been made to over 970,000 businesses. Every one of these interventions has helped individual families in each of our constituencies, but we are now reopening the economy in a cautious and phased manner, and the measures in the Bill are designed to provide a boost to businesses to help them as they look to bounce back from a period of enforced hibernation.
The overall aim of the Bill is to provide an adrenaline boost to key sectors of our economy. We want to support the hospitality sector by allowing outdoor dining and off-premises sale of alcohol, helping the sector back on its feet with the promise of al fresco dining for all this summer.