Economic Update Debate

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Department: HM Treasury
Wednesday 8th July 2020

(4 years, 3 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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In our manifesto, we committed to an extra £1 billion a year for social care, and that is what we have delivered this year and will continue to deliver. During this crisis, we have provided £3.7 billion to local authorities and an additional £600 million for infection control in care homes. But as the Prime Minister has said, we remain committed to ensuring that local authorities and care homes get all the support that they need.

David Evennett Portrait Sir David Evennett (Bexleyheath and Crayford) (Con) [V]
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I welcome my right hon. Friend’s statement and all the work he has done in the past months to preserve jobs and assist our businesses. Young people are at greater risk of unemployment at this time, and I welcome his plans to help 16 to 24-year-olds with his kick-start scheme, traineeships and a better careers advice service. Does he agree that these proposals will be good for them and for our economy, and give real hope for the future, with many more jobs?

Rishi Sunak Portrait Rishi Sunak
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I am very grateful to my right hon. Friend for his support. He is absolutely right; the research and the evidence lays bare the risk that young people face from scarring at this early stage in their careers. They are entering an appalling labour market, which is why it is crucial that we have made the interventions that we have today, particularly the kick-start scheme. He is right: if this is about one word, it is about providing them with hope.