Economic Outlook and Furlough Scheme Changes Debate
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Gareth Davies
Main Page: Gareth Davies (Conservative - Grantham and Bourne)Department Debates - View all Gareth Davies's debates with the HM Treasury
Economic Outlook and Furlough Scheme Changes
Gareth Davies Excerpts(4 years, 5 months ago)
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Jesse Norman
I do not think that the Scots are concluding that at all. Any rational person looking at the position would understand that Scotland had been immensely strengthened by its relationship and its position within the United Kingdom, and rightly so, because of the hundreds of thousands of people who have been supported. The hon. Gentleman is absolutely right that there is a serious concern about the economic effects of the pandemic, but it is a concern, as the OECD and others have recognised, that we are squarely meeting, and Scotland has been a huge beneficiary and I am sure that it will continue to be so.
Gareth Davies (Grantham and Stamford) (Con)
I thank the Minister and all his colleagues for protecting 13,400 furloughed jobs in my constituency, as well as for the £27 million in grant funding to 2,261 businesses. Does he agree that the best way of getting the Lincolnshire economy back on track is to reopen as many businesses as possible as quickly and as safely as possible?
Jesse Norman
My hon. Friend is of course absolutely right. The whole point of the strategy that we have adopted is to cushion the immediate shock, protect the vulnerable, and then move as swiftly and safely as we can towards economic growth. As he says, we need businesses flourishing, functioning and working together as effectively as possible. The quicker we get that, the more we can support people back into jobs. The tailored approach that we have taken is designed to help them do that.