Arts: Coronavirus

Department for Digital, Culture, Media and Sport written question – answered at on 28 May 2020.

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Photo of Jonathan Gullis Jonathan Gullis Conservative, Stoke-on-Trent North

To ask the Secretary of State for Digital, Culture, Media and Sport, what steps his Department is taking to support (a) the creative industries and (b) workers in those industries during the covid-19 outbreak.

Photo of Caroline Dinenage Caroline Dinenage Minister of State

The Government recognises the important role creative industries play in the UK by providing access to entertainment, culture and news during the COVID-19 pandemic.

To ensure we are assisting the sectors as effectively as possible, regular ministerially-chaired roundtables are held with business representative organisations (BROs) as well as trade associations within the creative industries. In addition, officials are in regular contact with stakeholders from all sectors.

To further support businesses and workers in the creative industries the Government has launched a number of schemes. For example, the Chancellor announced £330bn of guaranteed loans (equivalent to 15% of GDP) for supporting businesses to access finance. This support is delivered through two main schemes: the Coronavirus Business Interruption Loan Scheme, and the Coronavirus Corporate Financing Facility. More recently, the Government launched the Bounce Back Loan Scheme, which helps small and medium-sized businesses to borrow between £2,000 and up to 25% of their turnover during the coronavirus outbreak. For workers in the creative industries, the Government has sought to protect millions of jobs by introducing the Coronavirus Job Retention Scheme. This has now been extended to the end of October, with new flexibility being introduced from August to get employees back to work and boost the economy. For those who are self-employed, the coronavirus self-employment income support scheme can provide grants, worth 80% of trading profits/partnership trading profits, up to a maximum of £2,500 per month.

Alongside these support measures, we continue to speak with HM Treasury colleagues to ensure that the full spectrum of government support reaches the UK's world-leading creative industries.

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