Covid-19: Economy Update Debate

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Department: HM Treasury

Covid-19: Economy Update

Christine Jardine Excerpts
Thursday 22nd October 2020

(3 years, 6 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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I am happy to tell my hon. Friend that the money provided to Lancashire, as it entered tier 3, for overall business support can be used precisely to help the businesses he rightly mentions that are being affected by the restrictions, even though they are open. That funding is there for the county council and other local authorities to do that. The enhanced generosity of the job support scheme I have announced will go a long way to helping those businesses as well, making it easy and affordable for them to get the wage support they need from the Government to protect as many jobs as possible.

Christine Jardine Portrait Christine Jardine (Edinburgh West) (LD)
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While I appreciate yet another partial U-turn from the Chancellor, what the country needs now more than anything is leadership, clarity and confidence that the Government are in control rather than this constant reaction and a patchwork with every hallmark of having been written on the back of a cigarette packet that we are getting from this Government. I plead with the Chancellor to consider going the whole way and keep the job retention scheme going after the end of October, let the devolved nations know what consequentials they will have—they need to plan as well—and give the country what he promised. He said he would do whatever it takes; this is not it.

Rishi Sunak Portrait Rishi Sunak
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The hon. Lady asks for an extension of the job retention scheme. It is worth drawing her attention to the fact that the employer contribution to the job retention scheme in October is 20%, whereas under the new, more generous, job support scheme it has been reduced to 5%. That is more generous and will protect more jobs and more people’s livelihoods.