Lockdown: Economic Support

Part of the debate – in the House of Commons at 12:39 pm on 3rd November 2020.

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Photo of Steve Barclay Steve Barclay The Chief Secretary to the Treasury 12:39 pm, 3rd November 2020

First, it is perfectly fair and reasonable to target a level of support shaped by the rateable value of the property, which is what my right hon. Friend the Chancellor has done. The hon. Lady is right to point to the fact that within different local authorities there are different pressures, which is why in the £1.1 billion that has been allocated, we have given discretion to local authorities in their ability to then target support to businesses in the way that best meets local needs.