Economic Update Debate

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Department: HM Treasury
Tuesday 17th March 2020

(4 years, 8 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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It is not just loans; it is loans and grants and tax relief on business rates, as well as deferral of tax payments through time to pay and reimbursement for statutory sick pay. Across the piece, it is a series of different interventions, all of which will be effective at doing one fundamental thing: improving the cash flow in the short term of businesses to help them bridge through what will be a temporary dislocation, so that they can emerge on the other side and we do not lose for the long term that productive capacity and lose those jobs.

Daniel Zeichner Portrait Daniel Zeichner (Cambridge) (Lab)
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Making announcements is one thing, but, to use the Chancellor’s words, operationalising at speed is quite another, so can he be more precise about the resources available for the civil service and local councils? A simple example—a Canadian nurse phoned my office today so frustrated that she cannot help the NHS because we cannot sort out the equivalent qualifications. It will be the same for many others, particularly Bangladeshi nurses working in the care sector.

Rishi Sunak Portrait Rishi Sunak
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I am happy to take on board the suggestion from the hon. Gentleman. I will raise it with the Health Secretary, who I know is actively looking at ways to bring extra people into the NHS to help respond to this crisis. There is a range of options and flexibilities we should consider. I will make sure that I raise that one with him as well.