Business of the House

Part of the debate – in the House of Commons at 11:20 am on 9th July 2020.

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Photo of Jacob Rees-Mogg Jacob Rees-Mogg Lord President of the Council and Leader of the House of Commons 11:20 am, 9th July 2020

I will reiterate what I have said, because this has been Government policy for some time. We will continue to work closely with the companies affected and we are open to offering further support, so long as all other Government schemes and commercial options have been exhausted, including raising capital from existing investors. I think it was on the news this morning that a major company is at least keeping that option open. It is not all for the Government to do; existing investors have a responsibility as well. The position is that so long as all other Government schemes and commercial options have been exhausted, the Government are open to offering further support. That has been the position for some months.