Public Health Restrictions: Government Economic Support Debate
Full Debate: Read Full DebateBarry Sheerman
Main Page: Barry Sheerman (Labour (Co-op) - Huddersfield)Department Debates - View all Barry Sheerman's debates with the HM Treasury
(3 years, 10 months ago)
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First of all , I am always happy to meet my hon. Friend and I welcome the constructive approach that he always takes on these issues. In terms of eligibility, part of the design of the discretionary grant was to give discretion to local authorities to apply it in different ways, and it would be slightly at odds with that for the Government to say that there must be a particular way of applying it. However, he speaks to a sector that I know has been particularly hard hit by covid; we recognise that, and it is a factor that has shaped a number of the approaches we have brought forward, particularly on things such as cash flow. I am very happy to speak with him.
May I be helpful to the Chief Secretary, as I have been sometimes in the past? I am the Member of Parliament for Huddersfield in west Yorkshire; we are tier 2 and, like so many parts of the country, we will be facing vast problems of youth unemployment. May I be very helpful by asking him to look at Margaret Thatcher’s history? She introduced a windfall profit tax on the banks. Why cannot he introduce a windfall profit tax year on Amazon, the gambling sector—you name it; we know who has done well in this crisis—and then use that money to fund a wonderful green revolution, with new green businesses, new green training and new green jobs for young people?
I have always found the hon. Gentleman constructive, and I welcome the fact that he is looking at the fiscal position we face as a country and how we may address that. It would be remiss of me, given my responsibilities, to stray into the terrain of the next Budget and tax-raising measures; I will leave that for my right hon. Friend the Chancellor.
The hon. Gentleman is right to highlight the very serious issue of youth unemployment. I think it is an issue that concerns us all in this House. The sectors that are most hit have concentrations of young people, particularly in the hospitality sector. It is really at the heart of the winter plan that my right hon. Friend brought forward in doubling the number of work coaches, in tripling the number of traineeships and with the £2,000 for apprenticeships. We have been looking at and learning from not just the Thatcher era, but actually from the previous Labour Government with some of the packages we discussed with the TUC and others. One of the great challenges we face is how we address not just the number of people who are unemployed, but the length of time they are unemployed. That is an absolutely key issue, and that is why the Secretary of State for Work and Pensions is so focused on doubling the number of work coaches. The hon. Gentleman is quite right to highlight that issue.