Second Report - The impact of Coronavirus on businesses and workers: interim pre-Budget report
Select Committee
Business and Trade Committee
HC 1264
26 February 2021
Government response
First Special Report - The impact of Coronavirus on businesses and workers: interim pre-Budget report: Government Response to the Committee’s Second Report of Session 2019–21 · published 19 May 2021
Recommendations & Conclusions
2 results
2
Conclusion
Accepted in Part
Para 18
Whilst we welcome the overall level of support offered, we are disappointed that the Government...
Conclusion
Whilst we welcome the overall level of support offered, we are disappointed that the Government has repeatedly chosen not to adapt and refine its support to address identified gaps in coverage. It is unacceptable that 11 months into the pandemic …
Read more
Government Response Summary
The government acknowledged concerns about gaps in support and stated it has taken steps, including amending CJRS and SEISS eligibility for specific groups like parents and reservists, and outlined further support announced in the Spring Budget 2021, though it recognized some hard cases still didn't qualify.
Department for Business and Trade
View Details
19
Recommendation
Accepted in Part
Para 64
As more of the population is vaccinated, the Government must shift its policy- making approach...
Recommendation
As more of the population is vaccinated, the Government must shift its policy- making approach from reacting to rapidly changing circumstances towards long-term considerations. In his Budget, the Chancellor must give businesses and workers the security and certainty they need …
Read more
Government Response Summary
The government refers to its published 'Build Back Better: our plan for growth' as its long-term strategy for recovery. However, it rejects the suggestion to convert COVID loan debt into grants, advising businesses to discuss repayment options with their lenders.
Department for Business and Trade
View Details