Covid-19: Support for Businesses

Part of Treasury – in the House of Commons on 27th April 2021.

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Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

Cornwall hosting the G7 is a fantastic opportunity. I know that my hon. Friend has welcomed this chance to showcase all that Cornwall has to offer. Many organisations in the broader tourism sector have benefited from business grants of over £34 million provided to her constituency of South East Cornwall, as well as business rates holidays and a temporary reduction in the rate of VAT. The Ministry of Housing, Communities and Local Government has recently announced the £56 million welcome back fund to support safe local trade and tourism as economies reopen.