Better Jobs and a Fair Deal at Work

Part of Debate on the Address – in the House of Commons at 1:57 pm on 12 May 2021.

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Photo of Jim Shannon Jim Shannon Shadow DUP Spokesperson (Human Rights), Shadow DUP Spokesperson (Health) 1:57, 12 May 2021

I spoke to the Chancellor beforehand about this. During the lockdown, covid loans were made available to companies. Companies in my constituency have indicated to me that the repayment scheme is not over a flexible period of time and they have to pay back large amounts of money in one go. To ensure that those companies can survive beyond the lockdown and into next year, may I ask the Chancellor whether it is possible to make some flexibility in the repayment of those loans for those companies?