Covid-19: Economic Package Debate

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Department: Cabinet Office

Covid-19: Economic Package

Baroness Neville-Rolfe Excerpts
Wednesday 13th May 2020

(4 years, 6 months ago)

Lords Chamber
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Lord Agnew of Oulton Portrait Lord Agnew of Oulton
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To answer the right reverend Prelate’s question, what we have always done through this crisis over the past few months is take a flexible approach and respond as events confront us. If we see that different regions are suffering more than others, we will, of course, look on that as sympathetically as we can.

Baroness Neville-Rolfe Portrait Baroness Neville-Rolfe (Con)
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Could my noble friend explain in more detail what the Chancellor meant when he said he would ask employers to share with the Government the cost of paying people’s salaries under the furlough scheme from August? In spite of what he said, I hope he can give us an idea of some of the thinking going on. For many reasons, I support the aim of weaning people off government support, but businesses need to quantify this extra cost very soon to determine their route ahead.

Lord Agnew of Oulton Portrait Lord Agnew of Oulton
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In response to my noble friend, unfortunately I cannot give any more information at the moment, but businesses will be made aware within the next 10 days to two weeks.