Economy Update Debate

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Department: HM Treasury

Economy Update

Andrew Jones Excerpts
Wednesday 16th June 2021

(3 years, 6 months ago)

Commons Chamber
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Steve Barclay Portrait Steve Barclay
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Where there is a balance between protecting the unlocking of the wider UK economy versus a tougher approach at the border, the bigger prize economically is the UK’s ability to unlock our economy. As the Prime Minister set out in Prime Minister’s questions, we should not judge that with the benefit of hindsight when information on variants of concern which were not known at the time subsequently come to light, not least because of the UK’s capacity to undertake 47% of current global genome testing. Again, that is a further illustration of the UK-wide capacity that allows us to be more effective in our response.

Andrew Jones Portrait Andrew Jones (Harrogate and Knaresborough) (Con)
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At the Budget in March, the Chancellor made it clear that he was taking a long-term approach to the support schemes for two specific reasons: to accommodate any short pauses in the road map, and to provide certainty in planning for businesses and families. Does my right hon. Friend agree that because the support schemes—most of them, anyway—do not end until September, the principle of continuity and certainty is being delivered? Will it continue to be a part of all planning?

Steve Barclay Portrait Steve Barclay
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Very much. I am grateful to my hon. Friend for that question, and he is absolutely right. That was exactly the Chancellor’s design for that continuity and certainty. Indeed, that particular thing was recognised and welcomed by many business leaders at the time.