Spending Review 2020 and OBR Forecast Debate

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Department: HM Treasury

Spending Review 2020 and OBR Forecast

Rachael Maskell Excerpts
Wednesday 25th November 2020

(3 years, 5 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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I am enormously grateful to my right hon. Friend for the approach that he has taken and I appreciate our conversations on this topic. Of course he rightly feels passionately about it. As he knows better than anyone, there are many ways in which we exert our influence and our values across the world—aid is just one part. Even at 0.5%, we will still be more generous as a percentage of GDP than almost all our major economy peers—France, Japan, Canada, Italy, the United States—and than the average of the OECD. The values that he cares deeply about I also care deeply about, and I look forward to talking with him further about how best we can express those values and make a difference to those who need our help everywhere that we find them.

Rachael Maskell Portrait Rachael Maskell (York Central) (Lab/Co-op)
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Charities up and down the land will wonder why the Chancellor has abandoned them today. Charities have already accumulated £10 billion-worth of debt, and 20% of them could fold, despite the extraordinary work they have done for our nation during the pandemic. His statement says that there will be further rationing in the Office for Civil Society. Will he reflect on that and come back to the Dispatch Box with real money to support our valuable charities?

Rishi Sunak Portrait Rishi Sunak
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Almost uniquely among other countries during this crisis, we have provided enormous financial support to our charity sector. The Department for Digital, Culture, Media and Sport has distributed £750 million to small and large charities up and down the country. They do fantastic work, and it has been a difficult time for them. That is why this Government stood behind them at a time of acute crisis.