Chancellor of the Exchequer’s Economic Update

Part of the debate – in the Scottish Parliament on 9th July 2020.

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Photo of Kate Forbes Kate Forbes Scottish National Party

We keep our funding under review at all times. I am not aware of having promised to replace the scheme with a new one, but we will ensure that funding continues to be made available to the businesses that need it most.

To ensure that our funding goes even further, as Alexander Burnett will know, some of the remaining money has already been repurposed through the pivotal enterprise resilience fund and the hardship scheme, neither of which exist south of the border and neither of which receive consequentials to make them happen.

We will keep the funding under review and hope to continue to work with business organisations to identify the businesses that need funding the most.