Public Health Restrictions: Government Economic Support Debate

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Department: HM Treasury

Public Health Restrictions: Government Economic Support

Gerald Jones Excerpts
Tuesday 13th October 2020

(3 years, 6 months ago)

Commons Chamber
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Steve Barclay Portrait Steve Barclay
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It is a slightly odd premise to say that the Conservative Government are not supporting the response when we have spent more than £200 billion as part of that response, when we are currently supporting nearly half a million jobs in Scotland, when 8.9 million people across the United Kingdom have benefited from the furlough scheme and more than half of those are back in their jobs, and when more than 65,000 businesses in Scotland have benefited from our loan scheme. However, the hon. Gentleman is right in one aspect of his question. This Government are true to Conservative values and those are the values of the Union. It is through the shared broad shoulders that we are able to put in place the fiscal package of support that has enabled us to protect as many jobs in Scotland and around the UK as we have.

Gerald Jones Portrait Gerald Jones (Merthyr Tydfil and Rhymney) (Lab)
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Surely the Minister will recognise that the Welsh Government face the same task as UK Ministers in needing to manage their budget in the face of the unprecedented pressures brought about by the pandemic. That task is made harder by the lack of transparency from the UK Treasury. We know that the IFS has called on the UK Treasury to follow Wales’ example in publishing budget adjustments in full so that we know what announcements apply to Wales and how much budget is available. Will the Minister today agree to publish the information around the decisions so that we have transparency and Welsh Ministers can make decisions with confidence?

Steve Barclay Portrait Steve Barclay
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The hon. Gentleman talks about transparency for the Welsh Government. The Chancellor had a call last Friday, which I joined, with the First Minister of Wales as part of our transparency with the Welsh Government, so it is slightly odd to say that we are not being transparent. However, the hon. Gentleman is right that there are issues that need to be managed by the devolved Administrations and the concern he sets out is exactly why we provided the upfront guarantee on Barnett consequentials. We recognise that, in order that the Welsh Government can make decisions in advance of knowing what the Barnett consequentials are, it is important to give a forward-looking guarantee on that. That is why we gave the additional guarantee of £1.3 billion to the devolved Administrations, including the Welsh Government, as a response to the point that he raises.