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Written question asked by Caroline Lucas (Green Party) on Friday, 20 March 2020, in the House of Commons. It was due for an answer on Tuesday, 24 March 2020. It was answered by John Glen (Conservative) on Wednesday, 25 March 2020 on behalf of the Treasury.


Business: Coronavirus

Question

To ask the Chancellor of the Exchequer, if he will take steps to require equipment leasing companies to give customers that are in financial difficulties as a result of the covid-19 outbreak a three month payment holiday; and if he will make a statement.

Answer

The Government has introduced an unprecedented £350bn package of measures to support businesses access the finance they need during this difficult period, and announced significant measures to directly provide support for SMEs including grants, business rates relief and other tax measures.

Any customer who is concerned about their current financial situation should get in touch with their lender at the earliest possible opportunity to discuss the best option for their them.


Secondary information

Type
Written question
Reference
32668
Session
2019-21
Subjects
Business Equipment Leasing Repayments Coronavirus
Link
View this Written question on www.parliament.uk