Personal Income: Coronavirus

Treasury written question – answered on 1st December 2020.

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Photo of Catherine McKinnell Catherine McKinnell Chair, Petitions Committee, Chair, Petitions Committee

What recent comparative assessment his Department has made of the effect on regional economies of the Government's covid-19 financial support package.

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

The government recognises that every region is feeling the impact of this crisis, and has taken unprecedented steps to support people and businesses across the country.

For example, the government has helped over a million employers furlough 9.6 million employments, including 350,700 in the North East, and supported over 60 billion pounds of loans, including £1.4bn for over 40,000 businesses in the North East. Regional breakdowns are published regularly on gov.uk.

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