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

In short, yes they can. My hon. Friend raises a valid point, which is that a number of businesses will have taken out loans for what they felt was their need at that time. Further restrictions have been placed on businesses, which is why we have extended the period for availability of loans to the end of the year. He is right about that, and I can provide him with that reassurance.