Covid-19: Economic Package Debate

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Department: HM Treasury

Covid-19: Economic Package

James Sunderland Excerpts
Tuesday 12th May 2020

(3 years, 11 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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What is clear and emerging is that the sectors and people most impacted by the lockdown are disproportionately women, as the hon. Member mentioned, and those in lower-paid sectors, who probably are financially less resilient. That is why the scheme is so important in providing job and income security to millions of people. That is why today I have made the decision to extend the scheme, to maximise the possibility that those people will have a job to go back to. The hon. Member can rest assured that I keep a very careful eye on all the impacts of the scheme. I do believe that it is benefiting some of the most vulnerable in our society today.

James Sunderland Portrait James Sunderland (Bracknell) (Con)
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The Chancellor will be aware of widespread concern about the future of our commercial airlines—not least in constituencies such as mine near Heathrow, Gatwick and other major hubs. The CEO of International Airlines Group appeared yesterday before the Transport Committee and made it clear that job losses at British Airways were only being considered as a direct result of the pandemic. What further support might be available from the Government for UK aviation?

Rishi Sunak Portrait Rishi Sunak
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Companies in the aviation sector, like all others, can benefit from the considerable range of support measures already announced—indeed, I know that many companies in the sector are benefiting currently from the jobs retention programme. Of course, individual companies have the opportunity to engage with the Government on a bilateral basis, where that is appropriate, but it obviously would not be right for me to comment on those conversations.