Covid-19: Economic Package Debate

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Department: HM Treasury

Covid-19: Economic Package

Kirsty Blackman Excerpts
Tuesday 12th May 2020

(3 years, 10 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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I can give my hon. Friend and constituency neighbour exactly that reassurance. I thank him for all that he is doing to support his businesses and constituents at this time. I very much welcome the advice that he has given me, as he has fed back what he is hearing on the ground from businesses in the north-east. He and I have a shared ambition to make sure that Teesside drives our economic recovery as we come out of this situation, and I look forward to continuing those conversations with him.

Kirsty Blackman Portrait Kirsty Blackman (Aberdeen North) (SNP) [V]
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Aberdeen has been hit by the double whammy of covid-19 and a massive drop in the oil price. Will the Chancellor tell us when he last had a conversation with the industry, and will he please give consideration to announcing sector-specific support in order to protect my constituents and those in other regions where employment is centred around oil and gas?

Rishi Sunak Portrait Rishi Sunak
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Regardless of the industry in which companies operate, they are able to benefit from our furlough scheme. That is something that we were keen to do. It is not necessarily replicated by every scheme around the world, but we thought that that comprehensive approach was the appropriate one. Many of the companies that the hon. Lady mentioned will be able to benefit from that scheme. Beyond that, my right hon. Friend the Business Secretary engages regularly with all sectors regarding their particular concerns, and I will continue to liaise closely with him.