Economic Update Debate

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Department: HM Treasury
Tuesday 17th March 2020

(4 years, 1 month ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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We have announced our own range of fiscal measures to help businesses to protect jobs, with particular reference to the airline industry. As I have said, my right hon. Friend the Transport Secretary and I are actively engaging with the companies and the airports in that sector to establish what support is required.

Jeff Smith Portrait Jeff Smith (Manchester, Withington) (Lab)
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A lot of my constituents work in the events and leisure industry; many are self-employed freelancers. I spoke to one today, who told me that she earns a large proportion of her annual income during the summer event and festival season. She is going to lose that this year. Given that it could be another year before she is able to get back on her feet, can I urge the Chancellor to come back with a package of support for people like her—ideally grant support, a long-term package for individuals in that sector?

Rishi Sunak Portrait Rishi Sunak
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Those in the leisure and hospitality and the retail sectors are of course particularly impacted by what we are experiencing, which is why the package of measures announced today builds on what was announced last week and goes to the heart of that industry to provide direct cash support and business rate relief. The measures we announced last week also provide support to those who are self-employed.