Business of the House

Part of the debate – in the House of Commons at 5:41 pm on 30th December 2020.

Alert me about debates like this

Photo of Jacob Rees-Mogg Jacob Rees-Mogg Lord President of the Council and Leader of the House of Commons 5:41 pm, 30th December 2020

The action taken so far has been absolutely unprecedented. Over £200 billion of taxpayers’ money has been dedicated to helping the economy; 12 million jobs have been protected through the furlough scheme and self-employed schemes, at a cost of £56 billion; thousands of businesses have been helped with over £100 billion-worth of support in loans, VAT deferrals, business grants, business rates relief and targeted grants and VAT cuts; the furlough scheme is continuing during this period for all parts of the United Kingdom until March; and the self-employed grant covers up to 80% of profit. A great deal is being done to help businesses, and local authorities have specific funds that they can use to help businesses that may otherwise not be able to achieve help through the specific schemes. A great deal is being done, the Chancellor has come to the House regularly and there will be a debate on covid on the Tuesday after we return.