To ask the Secretary of State for Digital, Culture, Media and Sport, what assessment he has made of the effect of the covid-19 outbreak on the print industry; and what support he is providing to that sector.
We appreciate that the Covid-19 pandemic presents a significant challenge to many of DCMS’ sectors including the publishing industries. Through regular ministerial-led roundtables, working groups and contact with DCMS officials, we will continue to work with the publishing sector to assess and understand the difficulties it faces in these challenging times and through recovery.
The Government has provided unprecedented support for business and workers to protect them against the current economic emergency. The Government’s response has been one of the most generous and comprehensive in the world, including the Coronavirus Job Retention Scheme, the Self-Employed Income Support Scheme and the Bounceback Loan Scheme and business rates reliefs. The publishing sector has also benefited from the government's introduction of a zero rate of VAT to e-publications, which will make it clear e-publications are entitled to the same VAT treatment as their physical counterparts.
The Chancellor has announced the Winter Economy Plan to protect jobs and support businesses over the coming months, once the existing Self-Employment Income Support Scheme and Coronavirus Job Retention Scheme come to end.