Economy Update

Part of the debate – in the House of Commons at 12:28 pm on 5th November 2020.

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Photo of Steve Double Steve Double Conservative, St Austell and Newquay 12:28 pm, 5th November 2020

May I again thank the Chancellor for his willingness to be flexible to respond to the changing needs of our economy during this crisis, and for the grants that will be made available to businesses that are forced to close? He will know that there will be many businesses in supply chains that will not be forced to close but whose revenues will be affected. Will he confirm that the money available to local authorities—I believe more than £5 million is coming to Cornwall Council—is specifically to support such businesses, and that local authorities will be able to use their discretion to apply those funds specifically to meet the needs of the local economy?